ANTEC Corp. (ANTC) Message Board

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Technology Stocks : ANTEC Corp. (ANTC)

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To: MikeM54321 who wrote (539)	3/10/2000 3:02:00 PM
From: MikeM54321	Read Replies (1) of 847

Thread- Oh this explains ANTC's drubbing. They got a target upgrade.<g> So it goes down 6 1/2 to 48. -MikeM(From Florida) ******************** RESEARCH ALERT - Warburg Ups ANTEC Price Target** March 10, 2000 09:02 AM NEW YORK, March 10 (Reuters) - Securities firm Warburg Dillon Read said Friday it raised its price target for shares of international communications technology company ANTEC Corp. ANTC to $70 per share from $56 per share. -- Analyst Anton Wahlman said "comparable companies have seen multiple expansion, and ANTEC therefore looks almost as cheap as ever." -- Said share price should rise despite a lower revenue entry point for 2000 due to a one-time pop in software sales to AT&T Corp. T -- ANTEC shares were 1-7/16 lower at 53 in morning trading on the Nasdaq.

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