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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies
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To: TokyoMex who wrote ()8/28/1999 3:18:00 PM
From: Hyperpy   of 119973
 
UTCC Upgraded to $16
To: Dominick Papas who wrote (2)
From: George Black Friday, Aug 27 1999 11:09PM ET
Reply # of 3

Kaufman Bros. Raises Ursus Telecom Target To $16
From $11 (UTCC)
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(NewsTraders.com)-- Kaufman Brothers analyst Vik Grover today increased his
price target on "accumulate"-rated Ursus Telecom Inc. (UTCC) to $16 from
$11.

After discussions with management, the analyst believes the company's new
business model will enable Ursus to realize significant cost savings, noting
specifically that the company's Internet telephony initiative should increase
margins.
newsalert.com.
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