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Technology Stocks : Next Level Communications Inc. (NXTV)
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To: Rob Pierce who wrote (59)8/25/2000 10:39:13 AM
From: Rob Pierce  Read Replies (1) of 131
 
CS First Boston says NXTV stock "attractive"

08/25 09:06 CSFB SAYS NEXT LEVEL <NXTV.O> STOCK ATTRACTIVE
FOLLOWING THE DOWNTURN

NEW YORK, Aug 25 (Reuters) - WR Hambrecht on Friday said
analyst Tim Savageaux maintained a strong buy on high-speed
communications equipment maker Next Level Communications Inc.
<NXTV.O> on Friday despite the more than 50 percent drop in
the company's shares Thursday.

--Credit Suisse First Boston said its analyst, James
Parmelee, said the company's near-term visibility remains
excellent.

-- "Stock attractive following the downturn and despite the
lack of upside at Q given current valuation of 11x 2001
sales," Parmelee said.

-- Shares of Next Level on Friday were up 1 to 42-3/4 in the
first minutes of trading.

((Ilaina Jonas, New York Newsdesk, 212-859-1676))

RP
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