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Technology Stocks : John, Mike & Tom's Wild World of Stocks

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To: Jorj X Mckie who wrote (1460)7/8/2000 2:30:50 PM
From: John Pitera  Read Replies (1) of 2850
 
LOL.. you mean you are the Pig and not the Chicken....you
are committed to Le Cause -g-

much as the pig is to breakfast........

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Millennium Pharm (MLNM) 131 +6 7/16: -- Update -- Needham & Co reiterates BUY rating after company announced it will acquire Cambridge Discovery Chemistry.

Sears, Roebuck (S) 35 9/16 +2 1/16: Lazard Freres reiterates BUY rating and price target of $46; raising EPS forecast for S due to management’s announcement yesterday that 2Q00 EPS would exceed last year by 20%-25%; increasing 2Q00 EPS estimate from $1.04 to $1.06, FY00 estimate from $4.60 to $4.63, and FY01 estimate from $5.10 to $5.12.

VerticalNet (VERT) 38 9/16 +2 3/4: Legg Mason reiterates STRONG BUY rating and price target of $100 ahead of what we expect to be very strong 2Q00 results; firm believes acquisition announced yesterday of American IC Exchange is a positive for VERT as it continues the company’s strategy of driving increased liquidity to its NECX electronic component exchange.

SCMR...very big deal and big stock movement yesterday...

Sycamore Networks (SCMR) 123 5/8 +13 3/8 : CSFB reiterates BUY after company announced a $420 million multi-year contract win from global fiber network provider 360networks (TSIX) for SCMRs SN 16000 optical switch.
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