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Technology Stocks : NexCen Brands, Inc.

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To: Old Stock Collector who started this subject2/8/2001 9:36:45 PM
From: The Shark  Read Replies (1) of 295
 
I'am not one bit happy about this..

Aether Systems, Inc.

(NASDAQ:AETH) $36.86

Downgrading to Long-Term Attractive from Buy

2001E EPS: ($4.60), down from ($2.49)

2002E EPS: ($3.36), New

Marianne Wolk, Wireless Data/eCommunications

Aether reported 4Q revenue and EPS of $25.8MM and ($0.90), both above our $17.7MM and ($1.01) estimates," said Wolk. "We are revising estimates up modestly to reflect recent acquisitions, but believe further upside remains for Aether to prove in this difficult economic environment. We are downgrading Aether to LTA from BUY to reflect our concern that it will be difficult for Aether to deliver substantial upside surprises to its $180MM guidance for 2001."
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