Working All Day, But Trading Behind the Bosses Back Thread Message Board

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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread

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To: Mark[ox5] who wrote (776)	3/29/2000 12:18:00 AM
From: Mark[ox5]	Read Replies (2) of 779

From Briefing - Terayon Comm (TERN 236 7/8 +20 1/4): Oscar Gruss upgrades to STRONG BUY from BUY with price target of $310 after the company indicated a stronger-than-expected Q1; raises revenue estimate from $228 mln to $281 mln for 2000 and from $390 mln to $455 mln for 2001. EPS goes from $0.10 to $0.20 for 2000 and 2001 goes from $0.41 to $0.55 Whoever Oscar Gruss is, they sure do like the Israeli companies, both Orckit and Terayon upgraded in 1 day.

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