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To: rdmsqito who wrote (3087)10/14/1999 11:41:00 AM
From: puborectalis  Respond to of 5529
 
Still bodes well for ZOOX and VIXL......Related Quotes

EMLX
119 1/2
+9 1/2

delayed 20 mins - disclaimer


Thursday October 14, 11:22 am Eastern Time
RESEARCH ALERT - Emulex EPS view raised
NEW YORK, Oct 14 (Reuters) - Robertson Stephens said communications and networking analyst Paul Johnson raised his 2000 and 2001 earnings estimates on Emulex Corp (NasdaqNM:EMLX - news) and reiterated a buy rating on the stock.

-- said Emulex posted first quarter 2000 earnings and revenues that exceeded Robertson Stephens' expectations.

-- said raised the fiscal 2000 estimate to $1.10 a share from $0.65 a share, and raised the fiscal 2001 estimate to $1.49 a share from $0.81 a share.

-- said the estimates still may be conservative.
-- shares of Emulex jumped 9-7/16 to 119-7/16 on Nasdaq.