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Technology Stocks : Sequent

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To: van wang who wrote (722)1/6/1998 1:06:00 PM
From: Rob C.   of 1229
 
Van,

More detail...he didn't lower the estimates by that much...this is very curious indeed. Why didn't he do this when the stock was 28 to 30???

NEW YORK, Jan 6 (Reuters) - SoundView Financial Group Inc
said Tuesday it lowered its short-term rating on shares of
Sequent Computer Systems Inc to hold from buy while keeping its
long-term hold rating on the stock.
-- Analyst Gary Helmig also lowered his fiscal 1997
earnings estimate to $0.97 per share from $0.99 per share and
his 1998 estimate to $1.35 per share from $1.40 per share.
-- Helmig said in research note he lowered his estimates in
anticipation of other first quarter earnings estimate
reductions.
-- Stock flat at 20.

REUTERS
Rtr 11:56 01-06-98

Copyright 1998, Reuters News Service
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