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

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To: Tim Luke who wrote (73688)11/18/1999 11:57:00 AM
From: kathyh   of 90042
 
sape upgraded...

Thursday November 18, 10:37 am Eastern Time
RESEARCH ALERT - Sapient raised
NEW YORK, Nov 18 (Reuters) - SG Cowen on Thursday said analyst Moshe Katri raised his rating on electronic business consulting company Sapient Corp. to strong buy from neutral.

-- Katri attributed the upgrade to ''mounting evidence of the company's leadership position in e-Services space.''

-- ''Most of e-services vendors, including e-Business transformationists and technologists we recently spoke to, mentioned Sapient as a formidable competitor,'' he said.

-- Shares rose 5-1/8 to 83-3/4 in morning trade on Thursday.

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