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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

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To: Logistics who wrote (6643)7/7/1998 11:24:00 AM
From: MelF   of 8798
 
ALMI: RESEARCH ALERT-Alpha Microsystems target
Reuters Story - July 07, 1998 11:04

NEW YORK, July 7 (Reuters) - Westfalia Investments said on
Tuesday it raised its long-term price target on shares of Alpha
Microsystems to $12 from $5-3/4 over the next 12 to 18 months.
-- Research director Peter Cardillo reestablished a
short-term speculative technical buy with a near-term target of
$5-1/2.
-- "We believe the recent announcement of the acquisition
of Delta CompuTec and the commitment by ING Equity to invest up
to $20 million in Alpha Microsystems is very positive," he said
in a research note.
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