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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: TokyoMex who wrote (28098)12/15/1998 9:54:00 AM
From: Ernest Poe  Read Replies (2) of 119973
 
ALMI.
RESEARCH ALERT - Alpha Micro <ALMI.O> target upped

NEW YORK, Dec 14 (Reuters) - Westfalia Investments said on Monday it raised its long-term price target on shares of Alpha Microsystems to $15 per share from $12 a share and it expects the company will be profitable in calendar 1999.

Peter Cardillo, director of research at Westfalia, said he believed the company's information technology services sector and the Alpha CONNECT products would continue to increase revenues substantially over the next four quarters.

Said his confidence in company bolstered by successful execution of its strategy to reach profitability by penetrating the profitable technology services industry as well as developing a major presence in the fast growing business intelligence software marke
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