VIEWS AND NEWS,U.S. ROBOTICS *****
MarketScope, Tuesday, February 04, 1997 at 15:03
2/4/97 2:50 pm... US ROBOTICS (USRX 64-1/4) DOWN 1 1/4, VOLPE WELTY NOTES
COMMUNICATIONS/NETWORK MARKET WEAK TODAY... Analyst Amar Senan tells
MarketScope believes USRX continues to trade down on ROK news, comm/ntwrk
market weakness, negative article.. Says ROK has not made any headway, all
testing done internally... USRX has tested on customers... Believes market
overreacting, USRX will come out winner... Also ties price drop to rumors CSCO
will not meet qtr. expectations.. Also negative Communication's Week article on
viability of 56Kp modems... Believes USRX will do well, be 1st to offer
technology, both on client, server... Has $105 12-month target... Reiterates
strong buy./S.Trombino
-0- USRX $ (1082) 02-04-97 03:02 PM EST
Sounds good |
