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Non-Tech : MAYTAG (MYG) EYES STRONG THIRD QUARTER -- Ignore unavailable to you. Want to Upgrade?


To: Ted Downs who wrote (81)4/1/2000 8:42:00 PM
From: Nikole Wollerstein  Read Replies (1) | Respond to of 86
 
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NEW YORK, March 29 (Reuters) - Prudential Securities analyst Nicholas Heymann said Wednesday he raised his fiscal 2000 earnings estimate for home appliance maker Maytag Corp. (NYSE:MYG - news) to $3.85 per share from $3.60 per share.
-- shares of Maytag were up 1-15/16 trading at 32-1/4 on the New York Stock Exchange.
-- Heymann also increased his 2001 estimate to $4.60 per share from $4.25 per share.
-- said he currently has buy rating on Maytag stock with a price target of $58 per share.
-- said the increase in estimates follows the bullish presentation the company made last week at Prudential's Big Sky conference in Montana.
-- said Maytag management outlined more aggressive growth projections which will be achieved through new product introductions, e-commerce initiatives, and the company's position as the second appliance supplier to Home Depot Inc. (NYSE:HD - news).
-- said ``we believe margins for Maytag will grow 13-14 percent this year to over 20 percent by 2003.'

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To: Ted Downs who wrote (81)5/12/2000 4:14:00 PM
From: Michael  Respond to of 86
 
I can sympathize with your service problems, but one problem doesn't indicate a bad company. I can find an unhappy customer for ANY large company. Like you said, maybe it is your dealer. Anyway, I don't think this is an appropriate place for customer service complaints. If you buy/don't buy stocks based on customer service, I think you need a bigger sample. Customer service is at an all time low in general.