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Technology Stocks : OMPT!!!

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To: Jim Bautch who wrote (253)6/3/1998 5:06:00 PM
From: Chris  Read Replies (1) of 531
 
A little more good news in this recently grim tech sector:

Omnipoint Corp. (OMPT) 21 1/4 +1 1/4: Lehman Brothers reiterates "buy" rating on developer and manufacturer of wireless digital
communications products and services as recent price pull-back provides an excellent entry point; sets year-end price target of $37 as company introduces Bosch's World 718 phone; the dual-band phone operates seamlessly on either worldwide standard and company will be the first US GSM carrier to sell the phone; with 51 roaming agreements in place and a world phone now available, company should generate a pick-up in international roaming revenues.....
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