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Non-Tech : West Marine WMAR -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (252)9/23/1999 2:42:00 AM
From: Dale Stempson  Read Replies (2) | Respond to of 400
 
Advest Inc. said that Kim Galle and Robert Hayes initiated coverage of WEST MARINE INC with a rating of buy. They set a price target of $14 a share, based on 17 times estimated 2000 earnings per share. They estimated 1999 earnings per share to be $0.52, 2000 earnings per share to be $0.80 and 2001 earnings per share to be $1.05. Operational turnaround should provide rapid earnings growth in 2000. (Reuters 11:44 AM ET 09/22/99)

Regards - Dale