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Technology Stocks : Korea Thrunet Co Ltd - (KOREA)

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To: Mohan Marette who wrote ()12/16/1999 9:46:00 AM
From: Jack Hartmann  Read Replies (1) of 406
 
Just hot from CBSmarketwatch. Earning tonight.

Brenon Daly, Susan Lerner & Tomi Kilgore,
CBS MarketWatch
Last Update: 9:40 AM ET Dec 16, 1999:
NewsWatch
Indications
ADR Report

Thursday, December 16, 1999

--9:40 am Korea Thrunet gets Lehman boost
Korea Thrunet (KOREA: news, msgs) is bullying 9 3/8, or 17 percent
higher, to 64 3/4. Lehman Brothers has issued its top "1-Buy"
recommendation on the South Korean Internet service provider's shares
and set a near-term target price of $100. The company is expected to
report quarterly results after the close of trading. Lehman, which lead
managed the company's IPO, is expecting Korea to report revenues of
$15.4 million.

Bet Lehman had a peek at those quarterly results.
Jack
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