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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies
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To: hotlinktuna who wrote (72534)4/30/1999 10:30:00 AM
From: Mr. Big  Read Replies (1) of 119973
 
BancBoston Robertson Stephens Reiterates Strong Buy Rating on CPWR
SAN FRANCISCO, April 30 /PRNewswire/ -- The following is being issued by BancBoston Robertson Stephens, a member of the National Association of Securities Dealers, CRD number 41271:

BancBoston Robertson Stephens managing director and senior software analyst Marshall Senk today reiterated his Strong Buy rating and raised estimates on Compuware Corp. (Nasdaq: CPWR - news). The company, headquartered in Farmington Hills, Mich., is a leading provider of software products and professional services designed to increase the productivity of information systems organizations.

''Based on the company's strong fourth quarter results on all fronts, we are reiterating our Strong Buy rating on Compuware. We believe that the business will sustain its strong organic growth rate and margins will continue to expand, however, at a reduced rate,'' said Senk. ''We are raising our fiscal 2000 revenue estimate from $2.155 billion to $2.209 billion and our earnings per share estimate from $1.13 to $1.18. For fiscal 2001, we are introducing an earnings per share estimate of $1.57 and a revenue estimate of $2.950 billion.''

Clients interested in receiving more information should contact their salesperson at 415-781-9700.

BancBoston Robertson Stephens is a leading international investment banking firm focused on growth companies. The firm's 55 equity and high yield research analysts cover more than 600 companies. Additional information is available upon request.
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