SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (11001)7/9/1999 10:10:00 AM
From: Hawaii60  Respond to of 30916
 
Reiterated target of $42 by Deutsche Banc Alex. Brown

Emerging Multinational Carrier (EMC) Weekly 7-8-99
Deutsche Banc Alex. Brown - US Equities
Kevin M. Moore,Kathleen M. McQuade
July 08, 1999

Moore, Kevin M. 410-895-3329 07/08/1999
McQuade, Kathleen M. (410) 895-3303
Deutsche Banc Alex. Brown
-------------------------------------------------------------------------------
GLOBAL TELESYSTEMS GROUP INC. [GTSG] "STRONG BUY"
IDT CORPORATION [IDTC] "BUY"
PACIFIC GATEWAY EXCHANGE, INC. [PGEX] "BUY"
PRIMUS TELECOMMUNICATIONS GROUP INC. [PRTL] "STRONG BUY"
STAR TELECOMMUNICATIONS, INC. [STRX] "BUY"
TELEGLOBE INC. [TGO] "STRONG BUY"
Emerging Multinational Carrier (EMC) Weekly 7-8-99
-----------------------------------------------------------------

We are reiterating our investment rating and price targets as follows: GTSG
- STRONG BUY investment rating with a 4Q 2000 price target of $150
(enterprise value 14x estimated 4Q 2000 Net PPE), IDTC - BUY investment rating on the shares with a 4Q 2000 price target of $42 (20.4x our CY2000 EBITDA estimate),