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Technology Stocks : GST Telecom (GSTX) 4th quarter earning
GSTX 0.01000-33.3%Dec 3 10:47 AM EST

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To: Robert Butcher who wrote (28)5/1/1997 2:09:00 PM
From: beio   of 369
 
~~~~~~~~~~~~More Coverage~~~~~~~~~~~~~~~~~~~~~~~

-- Furman Selz analyst W. Todd Scott initiated coverage of
six telecommunication services companies on Thursday.

-- Scott rated Brooks Fiber Properties Inc ,
Intermedia Communications Inc and Teleport
Communications Group Inc with buy ratings and the
stocks were added to the firm's recommended list.

-- In a report, Scott said Brooks Fiber could "nearly
double" over the next 12-18 months as it improves market share
and profitability. He expects volume growth to 150,000 lines in
service at year end, up from 21,000 at the end of 1996 and sees
operating cash flow turning positive in Q2 1998.

-- Shares of Brooks rose 3/8 to 22-1/8.

-- Intermedia shares added 1/2 to 20-1/4.

-- Teleport gained 3/8 to 28-7/8.

-- He started GST Telecommunications Inc , ICG
Communications Inc , and McLeod Inc with
neutral ratings.

-- GST Telecommunications was unchanged at 6-13/16.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Anyone know the credibility of this firm......meaning ...is it a possibility that they are initiating it a hold and after they have a position in it they may raise it to a buy, seeing a bright future?

Jack
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