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Technology Stocks : Xylan
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To: Crusader who wrote (2884)10/15/1998 6:22:00 PM
From: lebo  Read Replies (1) of 4135
 
POsitive report by MSDW dated today
key points:
-Strong Buy target $22
-Xylan plans to announce several new customers wins in the upcoming quarter in the carrier space, and is likely to showcase new products at the Networld InterOp trade show next week in Atlanta
-1999E EPS revised down to 1 from 1.05
-Key business drivers include the 4Q98 introduction of the high-end OmniS/R, 3Q98-4Q98 introduction of new lower-end stackable switches, the mid 1999 introduction of the ultra high-end Omnitore, and potential upside with carrier revenues

Hope this helps
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