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Technology Stocks : Critical Path (CPTH) -- Ignore unavailable to you. Want to Upgrade?


To: john douglas who wrote (108)10/14/1999 12:58:00 PM
From: Christine Prokop  Read Replies (1) | Respond to of 185
 
NEW YORK, Oct 14 (Reuters) - Hambrecht & Quist said on Thursday it raised its rating of e-mail provider Critical Path Inc. (NasdaqNM:CPTH - news) to focus list buy from buy.

-- Reiterated buy recommendation.

-- Analyst Daniel Rimer said the company's recent purchases of Amplitude, Fabric and dotOne give it ``full suite of enterprise messaging services.'

-- Said while competitors are giving away e-mail services, Critical Path is getting paid.

-- Said expects company to meet or exceed estimates of $3.6 million in third quarter revenue and $0.20 loss per share.

Shares of Critical Path were up 1/8 at 46 on Thursday mid-morning trade.