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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (63135)11/21/2000 1:25:10 PM
From: StockDung  Read Replies (1) of 122087
 
HAND down on Lehman buy recommendation

RESEARCH ALERT - Lehman starts Handspring at buy


NEW YORK, Nov 21 (Reuters) - Lehman Bros. said on Tuesday that it started Handspring Inc. <HAND.O>, a maker of personal digital assistants, as a buy and set a price target of $90.

Handspring shares closed at $64-55/64. The trading range for the stock since its June initial public offering is $22-3/8 and $99-5/16.

Lehman said it expected the handheld computing market to grow faster than technology research firm IDC's estimate of 30.5 percent growth through 2004.

VisorPhone, Handspring's wireless cellular phone and personal digital assistant product, could be a "big killer application," Lehman said.

09:15 11-21-00
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