NewsEdge (NEWZ = INDV + DTOP) Message Board

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Technology Stocks : NewsEdge (NEWZ = INDV + DTOP)

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To: David C. Collins who wrote (447)	7/14/1998 9:38:00 PM
From: stockvalinvestor	Read Replies (2) of 2365

Robertson Stephens Analyst sets $30 price target in 12 months.. Here is a brief summary of the CBS Marketwatch article today: Looks like NEWZ is finally being noticed on Wall Street today. According to CBS Marketwatch, Robertson Stephens Analyst Keith Benjamin sees the stock hitting 30 dollars per share within the next 12 months. cbs.marketwatch.com The analyst cites a 90% renewal rate of current customers, large base of 1 million paying users using their service, says he expects 0.55 next year in earnings and profitable earnings by the December quarter. The article also quotes an analyst with Global Equity Analytics, who says that when costs go down and margins increase , watch out. Also, in news today the company announced that Chase Manhatten Adopted NewsEdge for its dealers worldwide.

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