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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (111830)	8/15/2000 6:30:39 AM
From: puborectalis	Respond to of 120523

15/08/2000 09:00:29 STOCKWATCH: Bookham Technology soar as Goldman Sachs ups target to 60 stg LONDON (AFX) - Shares in optical networking vendor Bookham Technology PLC topped the list of FTSE 100 index advancers in morning trade as Goldman Sachs upped its price target on the stock to 60 stg, dealers said. Previously, Goldman Sachs had a 12-month price target on the stock of 50 stg. The broker is also understood to have reiterated its 'market outperform' recommendation on Bookham. Goldman Sach was not immediately available to comment on the report. The new price target is understood to reflect a more positive outlook from the broker in the wake of Bookham's recent results. At 9.00 am, Bookham Technology shares were up 99 pence, or 2.82 pct, at 3614 pence. nm/rn