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Technology Stocks : Baan (baanf) Lets TALK!!! -- Ignore unavailable to you. Want to Upgrade?

To: ALTERN8 who wrote (802)	2/7/2000 8:48:00 AM
From: ALTERN8	Read Replies (1) \| Respond to of 821

Monday February 7, 6:53 am Eastern Time RESEARCH ALERT-Baan raised to "Mkt Perf" AMSTERDAM, Feb 7 (Reuters) - Friesland Bank Securities said on Monday it had raised its recommendation on Dutch business software maker Baan (NasdaqNM:BAANF - news) to ``Market Performer' from ``Sell.' Baan's final 1999 Q4 figures were slightly better than preliminary results. Friesland Bank said it expected Baan to post a 2000 loss per share of 0.13 euros, against a previous forecast loss of 0.11, but added it expected a strong recovery in 2001, which could spill over into 2002. It saw Baan's 2001 profit per share coming in at 0.27 euros, up from a previous estimate of 0.22. Friesland Bank said it saw Baan's statement that it had hired Lazard Freres to accelerate the search for strategic partners as a sign it was looking for a buyer for the group.