Baan (baanf) Lets TALK!!! Message Board

STOCKTALK

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 : Baan (baanf) Lets TALK!!!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ALTERN8 who wrote (802)	2/7/2000 8:48:00 AM
From: ALTERN8	Read Replies (1) of 821

Monday February 7, 6:53 am Eastern Time RESEARCH ALERT-Baan raised to "Mkt Perf" AMSTERDAM, Feb 7 (Reuters) - Friesland Bank Securities said on Monday it had raised its recommendation on Dutch business software maker Baan (NasdaqNM:BAANF - news) to ``Market Performer' from ``Sell.' Baan's final 1999 Q4 figures were slightly better than preliminary results. Friesland Bank said it expected Baan to post a 2000 loss per share of 0.13 euros, against a previous forecast loss of 0.11, but added it expected a strong recovery in 2001, which could spill over into 2002. It saw Baan's 2001 profit per share coming in at 0.27 euros, up from a previous estimate of 0.22. Friesland Bank said it saw Baan's statement that it had hired Lazard Freres to accelerate the search for strategic partners as a sign it was looking for a buyer for the group.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next