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Technology Stocks : LHSP: Lernout En Hauspie -- Ignore unavailable to you. Want to Upgrade?

To: Apollo who wrote (2284)	8/10/2000 12:21:54 PM
From: cdtejuan	Read Replies (1) \| Respond to of 2467

SG Cowen Research Lernout & Hauspie - Strong Buy Wins contract with Army Medical department. Contract worth up to $30MM; to start shipping Q4; should be the first of many wins for combined Dictaphone/LHSP solution, which meets a critical need for medical industry to improve record systems and save labor costs. We expect mgt to address Korea issue At NY meeting today. A possible solution would be a six-month audit. Quarterly numbers are routinely reviewed by KPMG, but a formal stub period audit would help answer questions about Korean contracts. LHSP $27