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Strategies & Market Trends : India Coffee House

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To: John F Beule who wrote (317)4/29/1998 1:18:00 PM
From: Mohan Marette  Read Replies (1) of 12475
 
Ref: Command Systems [CMND].

John:

What ties do they have to India???? All I know is this was a recent IPO. The following could be the reason.

Wednesday April 29, 10:43 am Eastern Time
RESEARCH ALERT- Command Systems lowered
NEW YORK, April 29 (Reuters) - Research firms Cowen & Co, and Volpe Brown Whelan both lowered their ratings on Command Systems Inc.'s stock to neutral from a buy.
-- Volpe Brown said earnings expectations were reduced.

-- First quarter 1998 earnings slightly better than Volpe Brown's estimates, ''however, a number of issues surfaced regarding the company's earnings outlook''.

-- These issues ''negatively affect'' the company's earnings expectations, Volpe said.

-- No further details were immediately available from Cowen & Co. about its rating
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