Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Bob Biersack who wrote (82075)	2/8/2000 9:07:00 AM
From: Bob Biersack	Read Replies (1) of 120523

Kendall..guess this answers CTCH question!! $100 price target....JERUSALEM, Feb 8 (Reuters) - US Bancorp Piper Jaffray initiated a $100 price target on CommTouch Software Ltd (NasdaqNM:CTCH - news) stocks and reiterated a strong buy rating in a report released on Tuesday. The U.S. investment firm also raised its 2000 revenue estimate for the company to $30 million from $28 million and initiated a $64 million revenue estimate for 2001, according to the report dated February 2. California-based CommTouch, which has an office in Israel, provides e-mail services over the Internet. Piper Jaffray wrote in its report the company is ``well suited' to capturing a leading share in feature-rich integrated messaging services. MYG SMS

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