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

To: Scrapps who wrote (248)	8/12/1999 11:15:00 PM
From: stockman_scott	Respond to of 675

EFFICIENT NETWORKS (EFNT): Volpe Brown Whelan considers the shares of EFFICIENT NETWORKS a STRONG BUY, with a price target of $60. The company, a leading supplier of digital subscriber line premise equipment, is considered a pure play on the large-scale rollout of residential asymmetrical DSL services by the major United States telecoms, including AMERITECH (AIT) and COVAD COMMUNICATIONS (COVD). The brokerage forecasts a loss of $0.22 per share for 3Q99, and a loss of $0.37 per share for 4Q99. For 1999, it forecasts a loss of $0.82 per share, and a loss of $0.23 per share for 2000.