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To: Michael Young who wrote (3485)7/6/1999 5:49:00 PM
From: LindyBill  Read Replies (2) | Respond to of 54805
 
New Era of Networks Inc. (NEON) 42 3/8 +3 1/2: --UPDATE-- CS First Boston reiterates "strong buy" rating and $70 price target

I just read the "neon" thread and pulled this off a post this morning. And they pay the guys at First Boston good money for this kind of work.



To: Michael Young who wrote (3485)7/6/1999 7:17:00 PM
From: Len  Read Replies (1) | Respond to of 54805
 
Michael,
Can you give us the details. I read earlier that the CEO said that analysts would not be disappointed.

Thanks.

Len



To: Michael Young who wrote (3485)7/6/1999 7:48:00 PM
From: Mike Buckley  Respond to of 54805
 
NEON just warned of a horrible quarter.

Yep. It really looks nasty. Declining revenues, higher overhead, and longer sales cycles. This reminds me exactly of what has happened to almost every front office software company (except Siebel) at some point in time.

Instinet trading is down 55%.

--Mike Buckley


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