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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector -- Ignore unavailable to you. Want to Upgrade?

To: G.M. Flinn who wrote (2318)	4/10/2000 9:55:00 PM
From: G.M. Flinn	Respond to of 2542

CSFB said Monday it raised its 12-month price target on shares of ACT Manufacturing Inc. to $70 to $73 from $45. infobeat.com SchwabAlerts 10:54 AM ET 04/10/00 RESEARCH ALERT - CSFB ups ACT Manufacturing target NEW YORK, April 10 (Reuters) - Credit Suisse First Boston said Monday it raised its 12-month price target on shares of electronics manufacturer ACT Manufacturing Inc. to $70 to $73 from $45. -- Increased 2001 earnings per share estimate to $2.90 from $2.37, excluding goodwill. -- Cited ACT's acquisition of Thai electronics firm GSS Array Technology Plc , saying the deal should close on August 31 and should contribute one quarter of revenues, or $60 million, to ACT's fourth quarter sales. -- ACT shares were up 2-49/64 to 53-7/8 in morning trading on the Nasdaq. (( -- New York Equities Newsdesk (212) 859-1700))