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Technology Stocks : CommTouch (CTCH) : a futur Media Metrix Top 10 ? -- Ignore unavailable to you. Want to Upgrade?

To: Robert Rose who wrote (284)	10/28/1999 12:42:00 PM
From: Susan G	Respond to of 420

I saw that news, thought it was responsible for the big dip yesterday morning, and then the msft news came out. Now I guess that news is sinking in!

To: Robert Rose who wrote (284)	10/28/1999 12:43:00 PM
From: PatrickMark	Read Replies (1) \| Respond to of 420

Robert, Here's a guy who doesn't seem too worried... siliconinvestor.com NEW YORK, Oct 28 (Reuters) - Warburg Dillon Read said Thursday analyst Michael Wallace raised his price target on CommTouch Software Ltd. to $45 from $30. -- In a report, he said the company had reported third-quarter revenues of $1.1 million, ahead of his estimate of $900,000. -- However, services and operating expenses were greater than expected, leading to loss per share of $0.31, deeper than his estimate of a loss of $0.21 a share. -- Said believes current spending is to add staff for recent large deals. -- Rogers reiterated strong buy rating. -- The shares were off 2-9/16 at 29-5/16.