Quest Software (Nasdaq: QSFT, news, msgs $50.06)
We closed today at 59 3/4 for a 20% gain almost
<<<you would think that dmc would go up in sympathy, but no such luck>>>
Strong Buy - Dane Lewis, Dane Lewis, Network Systems Storage and Software
"With Quest entering the final weeks of its quarter, we are very comfortable with our estimates and believe business is tracking well
with our model," said Lewis. "In light of the strong, accelerating operating fundamentals, large and expanding market opportunity,
and strong outlook for the third quarter and beyond, we reiterate our Strong Buy rating. We believe the first two months of the third
quarter have been very strong for Quest and expect the company to build up for a strong finish to 2000. We continue to believe
the company's combination of products, management, and market opportunity can create a $1 billion business over the next
several years. As such, we view the recent pullback in the stock price as an excellent buying opportunity for investors to start or
build positions in what we view as the leading application and information availability vendor. We reiterate our Strong Buy rating on
the shares of QSFT." |
