Telxon (TLXN) Message Board

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Technology Stocks : Telxon (TLXN)

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To: Jatin Kadakia who wrote (156)	7/23/1997 4:48:00 PM
From: James Petersen	of 378

I'm really starting to like this outfit..... >>Genesis Upgrades Telxon Corp. to Strong Buy SAN FRANCISCO, July 23 /PRNewswire/ -- Genesis Merchant Group Securities said today it is raising its recommendation on Telxon Corporation (Nasdaq:TLXN) from Buy to Strong Buy and placing Telxon on its emphasis list. Genesis analyst Charles Thomas raised the price target on Telxon from $23 to $28 per share and the EPS estimate for fiscal year 1998 from $1.00 per share to a range of $1.00 to $1.05 with a bias towards the high end based on reported revenue in Q1:FY'98 of $104.9 million, $500,000 above Genesis' estimate.<< Still no word on conference call? Jim

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