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Technology Stocks : Telxon (TLXN)

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To: joe pinto who wrote (100)6/10/1997 4:35:00 PM
From: Jatin Kadakia   of 378
 
Joe does the following news count? Looks like this piece saved the day. Telxon was trading around 17-1/4 when this was announced. Although I like my target of 25+ better, I may be willing to take 23+... Does anoyone know this group? Do they have large number of followers? All comments welcome...

Regards - JK (still waiting for TLXN to hit 20, but not too long!)

----------------------------

Tuesday June 10 2:03 PM EDT

Company Press Release

Genesis Merchant Group Securities makes announcements

SAN FRANCISCO--(BUSINESS WIRE)--June 10, 1997--

Genesis Merchant Group Securities is initiating coverage of Telxon Corp. (TLXN) with a BUY
recommendation and a price target of $23.
Genesis Merchant Group Securities has added Tektronix Inc. (TEK) and Federated Department Stores (FED) to
their emphasis list and has removed CommNet Cellular (CELS), Jacor Communications Inc. (JCOR) and
Wal-Mart Stores Inc. (WMT).
Genesis Merchant Group Securities is reiterating its BUY recommendation on Creative Biomolecules (CBMI).

Contact:

Genesis Merchant Group Securities
Kate Overbeck, 415/677-5813
or
Citigate
Kathleen Bertolani, 415/274-7598
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