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Strategies & Market Trends : Dawg's Place -- Ignore unavailable to you. Want to Upgrade?


To: BC who wrote (906)7/8/1999 10:44:00 AM
From: Junkyardawg  Respond to of 2751
 
Copied from RG. I do not know the date on this.

Upgrades & Downgrades:
They're down - ABOVENET, CYBERIAN...They're up -- DIGITAL RIVER, EARTHLINK

EARTHLINK NETWORK (ELNK): Cruttenden Roth upgraded its rating on the shares of EARTHLINK NETWORK to a STRONG BUY from a BUY, owing to the company's large investments t build a large subscriber base, which the brokerage expects to pay off in a substantial business model. The company recently inked deals with MICROSOFT (MSFT), E*TRADE GROUP (EGRP) and EBAY (EBAY). The brokerage forecasts a loss of $0.60 per share for FY99 and EPS of $0.95 for FY00. For 2Q99, the brokerage forecasts a loss of $0.26 per share, a loss of $0.20 per share for 3Q99 and $0.00 for 4Q99. There were 12 new reports added to the Multex.com database last week. In June, research about EARTHLINK NETWORK was accessed 91 times. — DT