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Technology Stocks : Network Appliance -- Ignore unavailable to you. Want to Upgrade?


To: Normandi who wrote (4032)8/15/2000 1:30:45 PM
From: H.A.M.  Read Replies (2) | Respond to of 10934
 
Norm,

Here's another one:

[Chase H & Q analyst William] Lewis said he continues to be optimistic about the business. He raised his estimates for the second fiscal quarter to revenues of $255 and earnings per share of 9 cents, up from $240 million and 8 cents previously.

He also raised his fiscal year 2001 revenue estimate to $1.1 billion from $1.05 billion, and raised his earnings per share estimate to 39 cents from 35 cents. He maintained a ''strong buy'' rating on the stock.

[Bear Stearns analyst Andrew] Neff continues to rate Network Appliance as a ``buy,'' and raised his fiscal year 2001 earnings per share estimate to 40 cents from 35 cents on revenues of $1.1 billion. He set a fiscal 2002 earnings per share estimate of 55 cents on revenues of $1.6 billion.

Source: Reuters, Aug. 15, 2000