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Technology Stocks : Metatools (MTLS) - looking for discussion

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To: Eric Hautemont who wrote (223)5/6/1997 6:06:00 PM
From: Damon Pham   of 281
 
05/05 Piper Jaffray '97 Net View 38c A Share >MTLS

NEW YORK (Dow Jones)--Piper Jaffray Inc. initiated coverage of MetaTools Inc. (MTLS) with a strong buy rating.
In a research note, the firm said MetaTools is well-positioned to benefit from the expanding multimedia software graphics market.
Piper Jaffray estimates MetaTools will earn 38 cents a share in 1997 and 75 cents a share in 1998. The firm set a 12-month share-price target of 20.
Shares of MetaTools were recently trading at 12 1/4 on the Nasdaq.
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