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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: flickerful who wrote (16984)	10/20/1999 1:45:00 AM
From: flickerful	Read Replies (1) \| Respond to of 52051

Merrill ups Microstrategy [MSTR 82 3/4 +12 1/8] NEW YORK, Oct 19 (Reuters) - Merrill Lynch said it raised its rating on MicroStrategy Inc. (NASDAQ: MSTR) to a buy from accumulate and raised its 12-month price target to $90. -- Raised 1999 revenue estimate to $195 million from $183 million and 2000 revenue estimates to $300 million from $282 million. -- Raised earnings estimate for 1999 to 33 cents from 32 cents a share. -- MicroStrategy "remains a revenue driven growth story, as the company continues to invest aggressively in infrastructure." -- Shares trading at 77-1/2, up 6-7/8, in early Nasdaq trading.