Sagawa's original article....
by: stock_smith (39/M/Winners Circle)
( Kenneth, if this is true then P. Sagawa is negative on others to push Lucent)
9/27/00 6:31 pm
Msg: 51779 of 51779
Paul Sagawa, Sanford C. Bernstein
Author Dwivedi
Report Source Paul Sagawa
(Added 8/17/2000 6:57:25 AM)Categories: Sector Reports, Stock Picks, Stocks To
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Paul Sagawa, Sanford C. Bernstein: CSCO, NT, LU, MOT, NOK
Paul Sagawa of Sanford C. Bernstein comments on the telecom equipment stocks:
-Earnings look good for the rest of the year
-However, after 2 quarters of strong earnings, he expects deceleration in earnings
momentum
-Fall rally in these stocks due to strong earnings, followed by profit taking
-Short term buys: CSCO, NT
CSCO: acceleration of top line growth and consistency of performance over the past few
years; slowdown in year over year growth and any indication of co eating into its
backlog may suggest a time to take profits
-Long term buys: LU, MOT, NOK: fundamentally solid, good products, reasonable
valuation, and potential earnings surprise |
