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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (8826)	12/2/1999 8:54:00 AM
From: wlheatmoon	Read Replies (1) \| Respond to of 63513

30000 shares,,,,now,,,that's buying in size mike

To: Jorj X Mckie who wrote (8826)	12/2/1999 11:44:00 AM
From: wlheatmoon	Read Replies (1) \| Respond to of 63513

Tom, Don't forget to look closely at ETEK. Upgraded by Gruntal. Look at JDSU and SDLI to see the potential of this competitor. mike Thursday December 2, 10:01 am Eastern Time RESEARCH ALERT-Gruntal starts E-Tek at outperform NEW YORK, Dec 2 (Reuters) - Gruntal & Co. said on Thursday it started its coverage of optical networking company E-Tek Dynamics Inc. (NasdaqNM:ETEK - news) with a rating of outperformer. -- Set long-term price target at $124. -- Set intermediate-term price target at $91. -- Set fiscal 2000 EPS estimate at $0.78. -- Set fiscal 2000 revenue estimate at $285.5 million. -- Set fiscal 2001 EPS estimate at $0.96. -- Set fiscal 2001 revenue estimate at $401.4 million. -- Set fiscal 2002 EPS estimate at $1.14. -- Set fiscal 2002 revenue estimate at $542.5 million. -- Set fiscal 2003 EPS estimate at $1.43. -- Set fiscal 2003 revenue estimate at $738.1 million. -- ``E-Tek is a leading supplier of components, modules, and subsystems to dense wavelength division multiplexing (DWDM) and optical network system vendors. DWDM is an enabling technology to help service providers meet bandwidth demands.' -- ``We believe that E-Tek is the market share leader in couplers, isolators, and micro-optic integrated components.' -- E-Tek was up 5-5/8 at 82-1/8 in early Thursday trading on the Nasdaq stock market.