SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Network Engines, Inc. (NENG)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Glenn Petersen who started this subject8/8/2000 10:43:22 AM
From: thomas a. burke   of 49
 
$50.00 price target:

------------------------------------------------------------

Tuesday August 8, 10:39 am Eastern Time

RESEARCH ALERT-DLJ starts Network Engines as buy

NEW YORK, Aug 8 (Reuters) - Donaldson, Lufkin & Jenrette on Tuesday said it started coverage of Network Engines Inc.
(NasdaqNM:NENG - news) with a buy rating and a $50 price target.

In a research note, analyst Kevin McCarthy said:

-- the company is experiencing rapid revenue growth and is quickly becoming entrenched in numerous leading content providers.

-- shares were down 2-1/8 at 26 in morning trading on Nasdaq.

------------------------------------------------------------

Tom B.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext