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Technology Stocks : New Era of Networks (NEON)

NEON 2.125

-2.5%

3:59 PM EST

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To: Robert Scott who wrote ()	11/4/1999 10:08:00 AM
From: michael macchietto	of 1222

NEON EXPECTED TO EXCEED 4THQ E.P.S.!!! While NEON's CFO, Steve Webb, indicated he is comfortable with analysts revenue forecasts, Prudential Securities feels that with the new leads created by NEON's strategic partnership with Broadvision (up to 40 potential leads in 4thQ alone) and revenues from product sales through IBM finally being recognized, NEON should exceed earlier revenues as well as earnings per share estimates. Prudential also feels due to the strong level of backlogs and future plans to announce other e-commerce software partnerships (i.e.- Broadvision), NEON should remain strong well into the 1st Quarter.

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