Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: Master (Hijacked) who wrote (7996)	10/30/2000 8:30:31 PM
From: Techplayer	Read Replies (3) of 14638

OT Master, Here is one example of the work by Lehman. Check out the hype regarding SONS during the summer. Each rating was timed perfectly to coincide with other analyst reports to pump the stock up. of course, the stock now sits at a pre split level of 102, has a market cap of 7.X billion and a whopping 15 million in sales. Of course, Lehman was an underwriter and was able to get out at much higher levels than where they are presently in late august. Lehman has a market cap estimate of greater than 18 billion dollars on a company that they expect to do 80 million in sales and lose over 20 cents/share next year. Princeton, New Jersey, June 23 (Bloomberg Data) -- Sonus Networks Inc. (SONS US) was rated new ''buy'' in new coverage by analyst Steven D. Levy at Lehman Brothers. The 12-month target price is $200.00 per share. Princeton, New Jersey, July 14 (Bloomberg Data) -- Sonus Networks Inc. (SONS US) was reiterated ''buy'' by analyst Steven D. Levy at Lehman Brothers. The 12-18-month price target was raised to $240 from $200 per share.

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