Aeroflex (ARX) Message Board

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Technology Stocks : Aeroflex (ARX)

ARX 12.62

+4.7%

Nov 7 9:30 AM EST

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To: scott who wrote (371)	2/3/1998 3:50:00 PM
From: Kerry Lee	Read Replies (1) of 586

AG Edwards initiated coverage of ARX today with a BUY. ARX now has 3 large mainstream Wall St firms covering ARX: Oppenheimer, Soundview and AG Edwards. Is it a coincidence that all 3 were the underwriters of the aborted follow-on offering? I think not <g>. It is also interesting to note that AG Edwards came out with a BUY the day before earnings. Would they stick their neck out if the Company was going to disappoint on earnings? I believe the consensus estimate for Q2 is 9 cents ( up from previous Oppenheimer 8 cents estimate ).

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