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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: pat mudge who wrote (3071)	10/20/2000 10:34:38 AM
From: Baton	Read Replies (1) of 3951

Second upgrade: biz.yahoo.com NEW YORK, Oct 20 (Reuters) - Credit Suisse First Boston on Friday said analyst James Parmelee raised fourth-quarter and 2001 earnings estimates for SDL Inc. (NasdaqNM:SDLI - news), after the maker of optical components that will be acquired by JDS Uniphase Corp. (Toronto:JDU.TO - news) reported third-quarter earnings that easily beat Wall Street's expectations. For the fourth quarter, Parmelee raised the outlook for SDL to a profit of 49 cents a share, up from 44 cents a share. For 2001, the outlook was raised to $2.50 a share from $2.00. SDL posted third-quarter results of 45 cents per share, above Credit Suisse's 37 cent estimate and the the First Call/Thomson Financial consensus of 38 cents. Shares of SDL on Thursday closed at $289-1/8. The company's 52-week high was $460-1/2 and its low $38-13/16.

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