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To: KevRupert who started this subject11/11/2000 9:39:55 PM
From: KevRupert  Read Replies (1) of 13
 
Three-Five shares to hit $60-money manager:

NEW YORK, Nov 9 (Reuters) - Three-Five Systems Inc. (NYSE:TFS - news) is the best ``pure play'' in the handheld LCD market, and has a two-year price target of $60, said a money manager quoted in BusinessWeek's Inside Wall Street column.

Graham Tanaka of Tanaka Capital Management said Three-Five will be a beneficiary of the ``productivity-based'' market, and expects sales to its largest customer Motorola Inc. (NYSE:MOT - news) to jump next year.

Shares of Three-Five closed up 1/8 on Thursday at $30-5/16, off a 52-week high of $82-3/8, up from a year low of $15-1/16.

Three-Five is developing liquid-crystal-on-silicon microdisplay technology, and Tanaka said he expects microdisplay sales of $20 million in 2001, the BusinessWeek report said.
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