SCI Systems Inc. (SCI) Message Board

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Technology Stocks : SCI Systems Inc. (SCI)

SCI 83.73

+3.4%

Feb 4 3:59 PM EST

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To: Jay King who wrote (765)	11/19/1999 11:22:00 AM
From: David Lawrence	Read Replies (1) of 820

ore good news: NEW YORK, Nov 19 (Reuters) - Banc of America raised its price target for SCI Systems Inc. (NYSE:SCI) to $105 from $75, the brokerage firm said on Friday. -- Banc of America said SCI should reveal an acquisition next week, which could be communications related. -- SCI is trading at a 40 percent discount to peers. If the company traded at only a 25 percent discount, Banc of America's price target would be reached. If it traded at parity to the group, the stock would double. -- Shares of SCI were up 3/4 at 70-15/16 in trade on the New York Stock Exchange. Copyright 1999, Reuters News Service

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