The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (59985)	9/16/1999 9:33:00 AM
From: kathyh	Read Replies (1) of 90042

morning... late start today... sape upgraded... RESEARCH ALERT - CSFB ups Sapient target to $110 Reuters Story - September 16, 1999 09:00 NEW YORK, Sept 16 (Reuters) - Credit Suisse First Boston said Thursday it raised its price target for Internet consulting firm Sapient Corp. to $110 from $90. -- Expects company to announce shift to cash earnings, which should add $0.05 to fiscal 2000 earnings per share. -- Believes stock's "blistering run-up" is merited based on Sapient's solid positioning. -- Hiring tracking is ahead of estimates and should total roughly 1,560 professionals, up 10 to 11 percent sequentially. -- Shares of Sapient closed at 87 on Wednesday on the Nasdaq stock market. (( -- New York Technology Desk, (212) 859-1860)) Copyright 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Headlines Previous Story Next Story -------------------------------------------------------------------------------- %BUS %US %RCH %HOT SAPE V%REUTER P%RTR Search news for: Search by:Keyword Ticker Search Keyword examples: "general motors", bio technology and venture, yen Symbol:

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