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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 488.02

+0.2%

Dec 24 12:59 PM EST

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To: Susan G who wrote (18091)	5/22/2002 9:11:45 AM
From: Susan G	Read Replies (1) of 26752

09:01 ET MOVI Movie Gallery estimates, price target raised at Thomas Weisel (17.13) Thomas Weisel says that biz trends for video rental retailers remain strong with an expected strong Q2-Q3 video release calendar and the benefit of a format shift to DVD, which renders higher gross margins; reiterates BUY rating, raises price target to $26 from $19, and raises 2002 est to $1.08 from $0.98 and 2003 to $1.24 from $1.16 (both above consensus).

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