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Technology Stocks : New Era of Networks (NEON)

NEON 2.195

-5.4%

Dec 12 3:59 PM EST

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To: John Solder who wrote (360)	4/22/1999 4:06:00 PM
From: Platter	Read Replies (1) of 1222

2 UPGRADES TODAY...... New Era of Networks (NEON) - CSFB reiterates "strong buy" rating on developer of application integration software as aggressive expectations taint otherwise great quarter; raises FY99 revenue and EPS estimates from $129 mln and $0.47 to $145 mln and $0.51 a share; raises FY00 revenue estimate from $199 mln to $225 mln; has a 12-month price target of $70...... New Era of Networks Inc. (NEON) : --UPDATE-- Dain Rauscher Wessels upgrades developer of application integration software from "buy-aggressive" to "strong buy-aggressive" as the company reported excellent Q1 results; licenses driven by an accelerating OEM channel, which contributed 40% of total license sales; company also announced the acquisition of SLI International AG, a worldwide SAP implementation company; raises FY99 revenue and EPS from $118 mln and $0.44 to $140 mln and $0.50 a share..... From Briefing.com

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