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Technology Stocks : RAZF--Razorfish...Will this little fishy be a good catch?? -- Ignore unavailable to you. Want to Upgrade?


To: grogger who wrote (143)2/16/2000 12:46:00 PM
From: Susan G  Read Replies (2) | Respond to of 258
 
RESEARCH ALERT - Razorfish (NASDAQ:RAZF) EPS views upped

================================================================
NEW YORK, Feb 16 (Reuters) - Credit Suisse First Boston
analyst Mark Wolfenberger raised his earnings-per-share views
on Razorfish Inc. (NASDAQ:RAZF) and increased the near-term price
target to $75.
-- Fiscal year 2000 earnings per share estimate was raised
to $0.25 from $0.24. The revenue estimate was raised to $260
million from $245 million.
-- Estimates for fiscal 2001 were initiated, with earnings
per share expected to be $0.35 and revenues expected at $380
million.
-- The designer of corporate Web sites posted
fourth-quarter results that topped Wall Street forecasts.
-- Shares were down 5-7/8 at 46 on the Nasdaq stock market.

Copyright 2000, Reuters News Service