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

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To: JeffA who wrote (46663)	5/28/1999 9:02:00 AM
From: JeffA	Read Replies (1) of 90042

4 of a kind!!! 50K is mine!! LTBG Takeover target and gapping Lightbridge may be takeover target-report NEW YORK, May 27 (Reuters) - Telecommunications software company Lightbridge Inc. (Nasdaq:LTBG - news) is a possible takeover target and could see a run-up in its share price, Business Week reports in its June 7 edition. The Burlington, Mass.-based company is ''ripe for an acquisition,'' but there is no suitor at the moment, the financial news weekly said, citing Pat Farley of Kopp Investment Advisors. Lightbridge, which makes fraud-management software for telecommunications carriers among other products, was not immediately available for comment. Farley told the magazine's closely-watched Inside Wall Street column that he believes the company will earn about 40 cents per share in 2000. Wall Street expects it to earn about 38 cents, according to First Call Corp., which tracks analyst consensus estimates. Farley said such earnings could drive Lightbridge's stock price up to $12, while it closed down 13 cents at $9.75 on the Nasdaq Stock Market Thursday.

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