Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: 2MAR$ who wrote (68769)	1/28/2000 2:00:00 PM
From: Dave Gore	Read Replies (1) of 108040

DSL PLAY! ROBERTSON STEPHENS "BUY" ON AWRE *; Great Buy Opp at 32 (was at $50/sh in Dec) (COMTEX) B: Robertson Stephens Reiterates Buy Rating on AWRE B: Robertson Stephens Reiterates Buy Rating on AWRE SAN FRANCISCO, Jan 28, 2000 (BUSINESS WIRE) -- Robertson Stephens Managing Director and Senior Communications/Networking Analyst Paul Johnson today reiterated his Buy rating on Aware Inc. (NASDAQ:AWRE), after the company reported solid December quarter results. Aware, headquartered in Bedford, Mass., is a DSL intellectual property company. "We are reiterating our Buy rating on Aware, after the company reported second quarter results, which were at the high end of Street consensus estimates," said Johnson. "Revenue of $6.1 million and earnings-per-share of $0.08 compare favorably with our estimates of $6.1 million and $0.07, respectively." "Growth in the quarter came from the continued acceleration of the market for ADSL solutions," said Johnson. "Royalty revenue was up 54 percent sequentially." "We are fine-tuning our estimates for 2000 and initiating 2001 estimates," said Johnson. "We continue to believe our estimates are conservative." Clients interested in receiving more information should contact their salesperson at (415) 781-9700.

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