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Technology Stocks : Openwave Systems (formerly Phone.com & Software.com) (OPWV)

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To: Rock_nj who wrote (170)9/10/2003 7:14:32 PM
From: Jong Hyun Yoo  Read Replies (1) of 184
 
We got another upgrade this morning !

9:22AM Openwave upped to Buy from Neutral at Advest; tgt $7.50 (OPWV) 4.73: After sitting on the sidelines since July 2001 with a Neutral rating, firm now believes that OPWV is on a clearer path towards consistent sequential rev growth and a return to profitability this fiscal yr. Firm's $7.50 tgt reflects approx. 5x trailing 12-month revenues
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