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Technology Stocks : CYRIX / NSM

NSM 18.27

0.0%

Jul 31 5:00 PM EST

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To: Pravin Kamdar who wrote (29753)	10/7/1998 4:49:00 PM
From: Joe NYC	Read Replies (1) of 33344

Pravin, Lehman raises estimates for NSM, moves up estimate of first profitable quarter from fiscal Q4 2000 to fiscal Q1 2000 (4 quarters from now. All this due to termination of IBM contract. Also, he stimates that there will be only a minimal cash outlay of $2 million related to the termination of the contract (of $50-55 million accounting charge) lehman.com Joe

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