SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : HARBINGER (HRBC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Brent Gilbertson who wrote ()2/1/2000 5:53:00 AM
From: Davo M   of 402
 
NEW YORK, Jan 31 (Reuters) - Wachovia Securities Inc. said on Monday it had started research coverage of three companies involved with business-to-business e-commerce at strong buy and started coverage of two others with a long-term buy rating.

-- Research coverage of Sterling Commerce Inc. (NYSE:SE - news) was reinitiated with a strong buy rating and a 12-month price target of $51 per share.

-- The fiscal year 2000 earnings estimate for Sterling is $1.70 with the 2001 estimate at $2.10.

-- Shares of Sterling were up 2-3/16 at 29-1/8 in trade on the New York Stock Exchange.

-- Research coverage of Harbinger Corp. (NasdaqNM:HRBC - news) was reinitiated with a strong buy rating and a 12-month price target of $39.

-- The earnings per share estimates for Harbinger for 1999, 2000 and 2001 are $0.27, $0.11 and $0.70 respectively. Shares of Harbinger were up 3/16 at 22-1/16 in trade on the Nasdaq stock market.

-- Research coverage of Datastream Systems Inc. (NasdaqNM:DSTM - news) was reinitiated with a strong buy rating and a 12-month price target of $37 a share.

-- The 2000 earnings per share estimate for Datastream is $0.80. Shares of Datastream were up 3/8 at 19-1/2 in trade on the Nasdaq stock market.

-- Research coverage of Ariba Inc. (NasdaqNM:ARBA - news) was initiated with a long-term buy rating and a 12-month price target of $238.

-- Per share losses for Ariba are estimated at $0.60 in 2000 and $0.35 in 2001. Shares of Ariba were down 5-1/16 at 168-11/16 in trade on the Nasdaq stock market.

-- Research coverage of Commerce One Inc. (NasdaqNM:CMRC - news) was started with a long-term buy rating and a $258 price target. Loss per share was estimated at $0.90 in 2000 and $0.39 in 2001, with profitability being achieved in the fourth quarter of 2001.

-- Shares of Commerce One were down 2-11/16 at 170-15/16 in trade on the Nasdaq stock market.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext