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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: pass pass who wrote (494)10/27/1999 1:17:00 PM
From: pat mudge  Read Replies (4) of 3951
 
You guys are great!!

I'm headed to two conferences --- H&Q's Telecom conference in Laguna Niguel tomorrow and Friday, and NGN's networking conference in DC next week (with heavy emphasis on optical networks) --- so hopefully will come back with some nuggets.

Here's another upgrade:

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October 27, 1999 12:14

RESEARCH ALERT-SDL earns esimates raised
NEW YORK, Oct 27 (Reuters) - FAC/Equities, part of First Albany Corp., said on Wednesday it raised its earnings estimates on SDL Inc.
-- On Tuesday, SDL reported third-quarter earnings of 22 cents per diluted share compared with 7 cents per share in the same period a year ago.

-- Raised fourth quarter 1999 EPS estimate to $0.27 from $0.22.

-- Raised 1999 EPS estimate to $0.75 from $0.70.

-- Raised 2000 EPS estimate to $1.25 from $1.10.

-- Reiterated accumulate rating.

-- "SDL is ideally positioned to capitalize on the growth in the undersea DWDM market and we think the stock represents one of the best ways to participate in the turbo-charged optics sector."

-- SDL's shares were up 3-13/16 at 98-7/8 in Wednesday afternoon trading on the Nasdaq stock market.

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