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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jerry Olson who wrote (59863)9/7/1999 2:24:00 PM
From: Rick McDougall  Read Replies (1) of 120523
 
Usit QP ended Sept 4th.

Aerl....Cellular telephone stocks benefitted from a report by Lehman Brothers. The broker hiked its estimate of U.S. consumer penetration to 70 percent from 50 percent by 2007. Among the stocks mentioned in the report, Nextel Communications (NXTL: news, msgs) climbed 1 15/16 to 62 3/4 on a lift to "outperform" from "neutral" and a price target of $64, and Aerial Communications (AERL: news, msgs) rose 1 5/16 to 18 11/16 on a boost to "outperform" from "neutral." Lehman sees Aerial reaching $22. As well, the broker maintained its view of Spring PCS (PCS: news, msgs) at "outperform" and fattened its price objective to $68.

V-One (VONE: news, msgs) ballooned 2 9/16, or 114 percent, to 4 13/16. The network security specialist released its Instant Extranet Server product enabling organizations of almost any size to realize secure business communication over the Internet.
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