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Technology Stocks : USRX
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To: Tulvio Durand who wrote (8928)1/22/1997 4:15:00 PM
From: Janice Shell   of 18024
 
Tulvio and All--

News from Volpe Welty: they lowered FY '97 and '98 earnings estimates (basing this decision, I suppose, on this quarter's sequential revs figure, which seems to me shortsighted, but then I'm not an analyst, am I?), but maintained their "strong buy" rating, and set a 12-month price target of 110 (or 109, I forget; see Briefing.com).

To judge from late-session activity, I gather people didn't quite know how to take this.

Janice
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