The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Glenn who wrote (3162)	12/16/1998 1:03:00 PM
From: Jules	Read Replies (1) of 90042

NEW YORK, Nov 16 (Reuters) - Salomon Smith Barney said it resumed coverage of Tel-Save Holdings Inc. <TALK.O> as a buy. -- said new Chairman and Chief Executive Gabriel Battista is a "major positive" for the company. -- set price target of $24 a share. -- set 1999 earnings estimate of $1.20, but said that estimate is subject to change depending on what new chief executive does with the company's business plan. -- said expects company to post a profit of $0.05 a share in the fourth quarter of 1998 but a loss of $3.00 a share for the full year 1998. -- shares of Tel-Save gained 2-3/16 to 12-15/16. (( -- Wall Street desk 212-859-1730)) REUTERS 4.2500

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