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Technology Stocks : Efficient Networks Inc - (Nasdaq- EFNT) -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (238)	8/10/1999 12:36:00 PM
From: neverenough	Read Replies (1) \| Respond to of 675

August 10, 1999 09:37 BancBoston Robertson Stephens Initiates Coverage of EFNT with a Buy Rating SAN FRANCISCO, Aug. 10 /PRNewswire/ -- The following is being issued by BancBoston Robertson Stephens, a member of the National Association of Securities Dealers, CRD number 41271: BancBoston Robertson Stephens managing director and senior communications/networking analyst Paul Johnson today initiated coverage Efficient Networks (Nasdaq: EFNT) with a Buy rating. Efficient Networks is a leading-worldwide-independent-supplier of high-speed digital subscriber line (DSL) and customer premises equipment for the broadband access market. "We are initiating coverage of Efficient Networks with a Buy rating," said Johnson. "Efficient is a key product vendor in the emerging market for xDSL connectivity. In our view, the company will directly benefit from the rapid- unit-growth rate forecast for xDSL access lines over the next several years. "We believe there is an opportunity for upside surprise in revenues and earnings as the market for broadband access begins to develop and accelerate over the next few years," said Johnson. Clients interested in receiving more information should contact their salesperson at 415-781-9700.