47 New Highs 114 New Lows NYSE decisionpoint.com decisionpoint.com
I feel pretty confident we've put a bottom here......earnings should move us higher from here........
16:39 [HD] HOME DEPOT SAYS COMFORTABLE WITH Q3 EARNINGS ESTIMATES 35 CENTS--REUTERS 16:36 [CY,ALTR] ALTERA SAYS SALE TO CYPRESS TO NOT AFFECT REVENUE 16:35 [CY,ALTR] CYPRESS SEES $9 MLN PRE-TAX GAIN FROM ALTERNA UNIT PURCHASE 16:25 [IKOS] IKOS SYSTEMS SEES Q4 9-11 CENTS VS FIRST CALL ANALYSTS' CONSENSUS 8 CENTS 16:22 [SE] STERLING COMMERCE SEES Q4 41-42 CENTS EXCLUDING ITEMS VS ANALYSTS' CONSENSUS 39 CENTS Up 3 in aftermarket 16:12 [QMDC] QUADRAMED SEES Q3 13-15 CENTS VS FIRST CALL ANALYSTS' CONSENSUS 24 CENTS 16:10 TROY GROUP Q3 NET 16 CENTS VS 12 CENTS 16:04 [WGO] WINNEBAGO Q4 44 CENTS VS 32 CENTS 15:52 [MPP] GENERAL CIGAR Q3 20 CENTS VS 11 CENTS 13:06 [LUB] LUBY'S Q4 NET 31 CENTS VS. 70 CENTS IN YEAR-AGO QUARTER, BOTH INCLUDING CHARGES 12:50 [KSWS] K-SWISS SEES RECORD Q3 EARNS BETWEEN 70 TO 80 CENTS A SHARE ON SALES OF $80 MLN 09:26 [EGR] EARTHGRAINS Q2 37 CENTS VS 32 CENTS EXCLUDING CHARGES
Analysts Rating Revisions- Updated throughout the trading day!
Last Update: 4:42 PM ET Oct 5, 1999: Also... The Ratings Game
Upgrades
Company Broker New Old Comments Anadarko Petrol. (APC: news, msgs) Raymond James Buy Accumulate Improving industry fundamentals Pioneer Nat. Res. (PXD: news, msgs) Raymond James Accumulate Neutral On co.'s leverage to improving energy fundamentals Priceline.com (PCLN: news, msgs) Janney Mont. Scott Buy Accumulate Has $125 price target MCN Energy (MCN: news, msgs) PaineWebber Attractive Neutral Coca-Cola (KO: news, msgs) A.G. Edwards Buy Maintain Sets $75 price target Talbot's (TLB: news, msgs) A.G. Edwards Accumulate Mainain Sets $58 price target Preview Travel (PTVL: news, msgs) BB Robertson Stephens Buy L-T Attractive Electronics for Imaging (EFII: news, msgs) Morgan Stanley DW Strong Buy Outperform Sees attractive risk/reward scenario Trigon Healthcare (TGH: news, msgs) Salomon SB Buy On shutdown of Mid-South operations; n-t tgt at least $36 Sungard Data Sys. (SDS: news, msgs) BB Robertson Stephens Buy L-T Attractive Says solid franchise, l-t growth prospects suggest sell-off overdone; $27 n-t, $32 l-t tgts Micron Technol. (MU: news, msgs) BB Robertson Stephens Buy L-T Attractive Sets $100 yr.-end target, keeps $200 target for top of cycle Intl. Game Tech. (IGT: news, msgs) BB Robertson Stephens Added to Top Picks List-Buy Buy Has $26-$27 12-month target; says IGT one of most attractive values in gaming industry
Downgrades
Company Broker New Old Comments Comfort Systems (FIX: news, msgs) Merrill Lynch N-T Neutral N-T Buy Cuts '99 eps est. to $1.12 from $1.36, '00 to $1.20 from $1.60 K-Swiss (KSWS: news, msgs) Merrill Lynch L-T Accumulate L-T Buy News significantly worse than expected for Q1 of 2000 Statia Terminals (ATNV: news, msgs) Prudential' Hold Strong Buy Willis Lease Fin. (WLFC: news, msgs) Dain Rauscher Wessels Buy Strong Buy Cuts '99 eps est. to 52c from $1.60, '00 to 1.60 from $1.90 K-Swiss (KSWS: news, msgs) Goldman Sachs Market Outperformer Trading Buy Computer Sciences (CSC: news, msgs) Lehman Bros. Outperform Buy On weakening overall demad for IT services and software ShowCase (SHWC: news, msgs) FAC/Equities Accumulate Buy Financial model under review after preannouncement for Q3 Sungard Data Sys. (SDS: news, msgs) Morgan Stanley DW Neutral Strong Buy Cuts 5-yr. estimated eps growth rate to 15% from 20% Policy Mgmt. Sys. (PMS: news, msgs) Morgan Stanley DW Neutral Outperform On Q3 eps shortfall; cuts '99 eps est to $1.56, '00 to $1.80 Galileo Intl. (GLC: news, msgs) Lehman Bros. Outperform Buy Cuts '00 eps 3c est. to $2.58, target to $48 from $65 AMFM (AFM: news, msgs) SG Cowen Buy Strong Buy Clear Channel uncertainty may slow price appreciation
Comfort Systems (FIX: news, msgs) Friedman Billings Ramsey Market Perform Buy Revised expectations of internal growth, operating profitability Harleysville Grp. (HGIC: news, msgs) Friedman Billings Ramsey Market Perform Accumulate Says downgrade way overdue Willis Lease Fin. (WLFC: news, msgs) First Union Capital Hold Strong Buy Places '99, '00 ests. under review; inventory write-off could cause Q3 loss Genzyme (GENZ: news, msgs) CS First Boston Buy Strong Buy TV Guide (TVGIA: news, msgs) PaineWebber Attractive Buy Persistence Soft. (PRSW: news, msgs) USB Piper Jaffray Neutral Strong Buy Shortfall to affect future revs.; cuts target to $12-$14
Initiations
Company Broker New Comments Ford Motor Co. (F: news, msgs) Goldman Sachs Recommended List Sets $70 price target XM Satellite Radio (XMSR: news, msgs) Banc of America Buy Sets $25 year-end '00 price target Rex Stores (RSC: news, msgs) CS First Boston Buy Sets $45 12-month price target Corporate Office Props. (OFC: news, msgs) Prudential Accumulate Silicon Storage (SSTI: news, msgs) SoundView Technology Buy Sees 25c/sh. FY99 loss, $1.05 FY00 eps; sets $23 price target O'Charleys (CHUX: news, msgs) Banc of America Strong Buy Sets $20 price target Digital Island (ISLD: news, msgs) FAC/Equities Buy Sets $35-$45 target range IMS Health (RX: news, msgs) Friedman Billings Ramsey Buy Sets $34 price target Express Scripts (ESRX: news, msgs) USB Piper Jaffray Strong Buy Sees $1.72 '99 eps, $2.31 '00 eps, $2.99 '01 eps; sets $99 price target Healtheon (HLTH: news, msgs) USB Piper Jaffray Buy Sees $1.07/sh. loss for '99, 59c/sh. loss for '00; sets $50 price target Exch. Applications (EXAP: news, msgs) Legg Mason Buy Sees 25c '99 eps, 49c '00 eps; sets $40 price target Onyx Software (ONXS: news, msgs) Legg Mason Buy Sets $25 price target SalesLogix (SLGX: news, msgs) Legg Mason Outperform Sets $25 price target; expects losses to narrow through '00 Tribune (TRB: news, msgs) PaineWebber Buy Belo (BLC: news, msgs) PaineWebber Attractive Juniper Networks (JNPR: news, msgs) Warburg Dillon Read Buy Sets $240 12-month price target Medicis Pharmac. (MRX: news, msgs) PaineWebber Attractive Bluefly (BFLY: news, msgs) Gruntal & Co. N-T, L-T Outperformer Sets $13 near-term, $18 long-term price targets
Miscellaneous
Company Comments Cypress Semiconductor (CY: news, msgs) Morgan Stanley Dean Witter ups target to $32 from $28; expects dougle-digit sequential revenue and order growth in Q3 Nextel Communications (NXTL: news, msgs) PaineWebber says Nextel's takeout value rises to $100-$160 as a result of Worldcom, Sprint deal; raises target to $100 from $85 AK Steel (AKS: news, msgs) CS First Boston reinstates coverage with strong buy rating, $32 12-month price target Western Wireless (WWCA: news, msgs) PaineWebber raises price target to $60 from $50; says Western would be a good strategic fit for AT&T's wireless portfolio. AT&T (T: news, msgs) Lehman Brothers sees several significant catalysts on n-t horizon that will remove most of overhang on stock Gemstar Intl. (GMST: news, msgs) Lehman Brothers raises target to $150 from $100 on TV Guide deal Progenix Pharmaceuticals (PGNX: news, msgs) Punk Ziegel & Co. raises target to $45 from $35 and reiterates buy on PRO 542 Phase I data Project Software & Devlmt. (PSDI: news, msgs) BB Robertson Stephens expresses comfort with its Q4 ests., says core business, MRO.com on track for strong results; ups tgt. to $80 Mattel (MAT: news, msgs) USB Piper Jaffray lowers ests. after pre-announcement, cuts tgt to $18-$20 from $30; keeps buy, see stock trending higher in new year PSINet Inc. (PSIX: news, msgs) BB Robertson Stephens expects solid Q3, possible $1M-$2M rev. upside; reiterates buy as weakness cresatees attractive opportunity Titan Corp. (TTN: news, msgs) First Union Capital ups target to $23 from $18 based on analysis summing up Titan's parts EndoSonics (ESON: news, msgs) USB Piper Jaffray lowers '99, '00 ests. on dissolution of Jomed pact, sluggish Q3 OUS business; keeps buy only on post-selloff valuation Osteotech (OSTE: news, msgs) BB Robertson Stephens says current value extremely compelling; reiterates buy with $25 price target
|