Modem Media . Poppe Tyson (Nasdaq: MMPT) Message Board

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Technology Stocks : Modem Media . Poppe Tyson (Nasdaq: MMPT)

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To: Techplayer who wrote (743)	5/21/1999 12:29:00 AM
From: puborectalis	Read Replies (1) of 821

Great News.....Thursday May 20, 10:53 pm Eastern Time Modem Mediashrs seen back at $45-report NEW YORK, May 20 (Reuters) - Shares of online ad agency Modem Media.Poppe Tyson Inc., which have declined since its Feb. 5 initial public offering, could climb back to the $45 a share price it hit on its debut, Business Week reported. Bear Stearns analyst Alexia Quadrani told the financial newsweekly's May 31 edition she expected advertisers to continue shifting money to the Internet, boosting the company's internal growth rate. The company's shares closed down $2 at $24.50 on Thursday. Quadrani expected the company, whose clients include the likes of AT&T Corp. (NYSE:T - news) and General Motors Corp. (NYSE:GM - news), to lose 19 cents a share on $58 million in revenues in 1999 but earn 5 cents a share on $72 million in revenues in 2000.

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