Vodafone-Airtouch (NYSE: VOD) Message Board

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Technology Stocks : Vodafone-Airtouch (NYSE: VOD)

VOD 14.23

+0.5%

3:19 PM EST

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To: MrGreenJeans who wrote (2857)	6/7/2000 8:03:00 AM
From: MrGreenJeans	Read Replies (1) of 3175

10:06 GMT Goldman Sachs reiterates recommended rating on Vodafone; cuts price target Goldman Sachs reiterated its recommended list rating on Vodafone AirTouch PLC (uk:vod) stock, with a share price target of 460 pence per share reduced from 500 pence. The investment bank said its price target is adjusted for higher third generation (3G)license fee expectations. "Cash raised from disposals this year, including the proposed sale of Orange, should cover Vodafone's European 3G license liabilities, with change," Goldman said. Vodafone shares were 2.3 percent lower at 317.27. Goldman acts as one of the cell-phone giant's brokers.

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