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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999!

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To: drsvelte who wrote (2045)7/17/1998 12:09:00 PM
From: Capt  Read Replies (1) of 3183
 
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NEW YORK, July 17 (Reuters) - Lehman Brothers on Friday said it lowered its rating on shares of Excite Inc. <XCIT.O> to neutral from outperform. -- Slowing usage growth cited. -- 1998 EPS estimate lowered to $0.51 a share from $0.71 a share. -- 1999 EPS estimate lowered to $0.60 a share from $0.68 a share. -- Shares were up 1-3/8 at 93.

((--Wall Street desk, 212-859-1730))
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