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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (29071)	9/30/1999 9:27:00 AM
From: IQBAL LATIF	Respond to of 50167

FWIW...if this DOT closes above 650 and have two definite closes I would like to know more about these companies. C/NET (CNET: research, earnings): Deutsche Banc Alex. Brown raised its rating on C/NET's shares to a STRONG BUY from a MARKET PERFORM. The brokerage said it believes the company has the best commerce model on the Web ? even though it doesn't sell anything. It offers news and information that enable buyers to make comparisons on products and services. The brokerage also said it believes this is the best time to invest in the company's shares. For 1999, it forecasts that the company will lose $0.49 per share, but believes it will turn profitable in 2000, when it expects C/NET to post EPS of $0.28. For 3Q99, the company is forecast to post a loss of $0.32 per share and a loss of $0.31 per share for 4Q99. The company's shares were trading at $53.43 early on September 27. Last week 24 new reports about the company were added to the Multex.com database. MINDSPRING ENTERPRISES (MSPG: research, earnings): Morgan Stanley Dean Witter raised its rating on MINDSPRING ENTERPRISES to an OUTPERFORM from a NEUTRAL, with a price target of $38. The brokerage said that based on its planned merger with EARTHLINK NETWORK (ELNK: research, earnings), which it also raised ? from an OUTPERFORM to a STRONG BUY ? the combined company will become the second largest Internet Service Provider in the United States, behind AMERICA ONLINE (AOL: research, earnings). The brokerage forecasts 1999 EPS of $0.05 for MINDSPRING, and 2000 EPS of $0.21. For 3Q99, it forecasts EPS of $0.03 and a loss of $0.17 per share for 4Q99. MINDSPRING's shares were trading at $29.87 early on September 27. EARTHLINK's shares were trading at $47.25 early on September 27. There were 28 new reports about MINDSPRING added to our database last week and 22 new reports were added about EARTHLINK. Prudential Securities rates the stock of Internet Access Provider SPLITROCK SERVICES (SPLT: research, earnings) a STRONG BUY. The company, which is 25.3% owned by Mexican telecommunications privider CARSO GLOBAL TELECOM (CGTVY: research, earnings), went public in August. Among its customers are PRODIGY COMMUNICATIONS (PRGY: research, earnings), JUNO ONLINE SERVVICES (JWEB: research, earnings) and InfiNet. Prudential forecasts revenue growth of 22% in FY99, 70% in FY00 and 85% in FY01. BROADCOM (BRCM: research, earnings): The shares of BROADCOM were upgraded by Deutsche Banc Alex. Brown to a STRONG BUY from a BUY, with a 6- to 12-month price target of $150. The brokerage said that business continues to be brisk, and there is a positive outlook for the company's cable and high-speed networking products. The company also continues to take market share in the fast Ethernet transceiver market, it noted. For 1999, the brokerage forecasts EPS of $0.75 and EPS of $1.05 for 2000. For 3Q99, it forecasts EPS of $0.20 and EPS of $0.22 for 4Q99. In early trading on September 27, the company's shares were at $115.37. There were 53 new reports about the company added to our database last week. EMUSIC.COM (EMUS: research, earnings): Raymond James & Associates initiated coverage and gave an ACCUMULATE rating to EMUSIC.COM, a company that enables Web surfers to download and buy digital music files. The brokerage said the company has the potential to become a leader in the PC-centric recorded music environment. It also noted that the company's valuation would normally justify a BUY rating. It is advising accumulation of its shares in the near-term because of "the hyper-enthusiasm resulting from sudden public awakening to the business potential." The brokerage forecasts a loss for 2000 of $1.37 per share, and a loss of $1.09 per share for 2001. For 1Q00, it forecasts a loss of $0.66 per share and a loss of $0.30 per share for 2Q00. The company's shares were trading at $15.50 early on September 27. ?DT