Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : BMC Software -- Ignore unavailable to you. Want to Upgrade?

To: QuietWon who wrote (931)	7/30/1999 1:04:00 PM
From: General Crude	Read Replies (3) \| Respond to of 1492

NEW YORK, July 30 (Reuters) - Morgan Stanley and CS First Boston said they raised their price targets and earnings estimates on BMC Software Inc. <BMCS.O>, citing the company's strong fiscal first quarter earnings report. -- Morgan Stanley said it increased its price target on BMC to $64 from $49, and boosted its earnings estimates to $1.99 a share from $1.95 a share for 1999 and to $2.55 a share from $2.50 a share for 2000. -- Morgan Stanley said BMC posted "good quarterly results that represent progress for the company's goal of landing permanently among top-tier systems-management companies." -- CS First Boston said it raised its price target to $80 a share from $72 a share. -- CS First Boston also said it raised its year 2000 earnings estimate to $1.97 from $1.94 and raised its 2001 estimate to $2.50 a share from $2.42 a share. -- CS First Boston said it reiterated a buy rating on the stock.