Stockreporter.de Announces Investment Opinion on Eagletech Communications, Inc
NEW YORK--(BUSINESS WIRE)--Aug. 11, 1999-- Stockreporter.de Begins Coverage of Eagletech Communications (EATC) With a Strong Buy Recommendation and a Conservative Price Target of $14 Per Share findarticles.com
SEE WHAT i MEAN? ROD BEAT THE BOILER ROOM BY A BUCK. RODS $14 VS THE BOILER ROOMS $13.
Eagletech Communications Announces Investment Opinion
Business Wire, Sept 9, 1999
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 9, 1999--
Analyst Reiterates Strong Buy Rating for Eagletech Communications
with a $13.00 Short-term Price Target
Eagletech Communications, Inc. (OTC BB: EATC, Frankfurt: EAT), a communications solutions provider, announced today that the Equity Department of Bryn Mawr Investments has reiterated a Strong Buy rating with a $13.00 dollar short-term price target.
"Recent discussions with Eagletech's management team leads us to believe that there will be a stronger than expected subscriber growth in the fourth quarter, which ends March 31, 2000," said Frank Herz, Vice President of Investment Banking for Bryn Mawr Investment Group, Inc. "With stronger than expected growth over the next few quarters coupled with Eagletech's strong adhesion to expense control for hardware and software, reinforces our belief is that Eagletech Communications poses a competitive advantage allowing it to maintain its position as the only flat-rate One-Number Follow-Me service."
Bryn Mawr Investment Group, Inc., based in the Philadelphia area, is a registered broker/dealer and a member of the NASD and SIPC. |
