MCDT Message Board - Msg: 15243157

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Technology Stocks : MCDT

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To: Patherzen who started this subject	1/25/2001 9:30:27 AM
From: Souze	Read Replies (1) of 145

RESEARCH ALERT - CSFB ups outlook on McData Reuters, 01/25/2001 09:24 NEW YORK, Jan 25 (Reuters) - Credit Suisse First Boston on Thursday said it raised its profit and revenue outlook on shares of computer data storage company McData Corp. (NASDAQ:MCDT), a day after the company posted a fourth quarter profit that topped expectations. CSFB said it raised its 2001 revenue outlook to $447 million from $358 million, and earnings per share outlook to 50 cents per share from 46 cents per share. The stock closed Thursday at $61-1/2. Copyright 2001, Reuters News Service

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