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Technology Stocks : Foundry Networks, Inc. FDRY

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To: webstocker who wrote ()12/21/1999 2:44:00 PM
From: Goldbug Guru  Read Replies (1) of 1225
 
RESEARCH ALERT-JP Morgan
raises telecom equipments

NEW YORK, Dec 21 (Reuters) - J.P. Morgan Securities said on
Tuesday it raised price targets on four telecommunications
equipment stocks.

-- said raised the price target on Nortel Networks Corp.
(Toronto:NT.TO - news) (NYSE:NT - news) to $125 from $85,
raised Motorola Inc. (NYSE:MOT - news) to $165 from $120,
raised Qualcomm Inc. (NasdaqNM:QCOM - news) to $570 from $460, and raised Foundry
Networks Inc. (NasdaqNM:FDRY - news) to $360 from $225.
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