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Non-Tech : Analysts Hitting and Missing Their Price Targets -- Ignore unavailable to you. Want to Upgrade?

To: architect* who wrote (19)	9/13/2000 12:36:33 PM
From: danofthebes	Read Replies (2) \| Respond to of 56

Anyone note Kaufman's antics on NTPA Hmmm... Already 50% off the 52 week high, short interest in August still builds to highest levels since Oct 99. Sept 1 - Kaufman downgrades on general business concerns, no company guidance. Stock begins another 50% freefall from 40's to 20's. Interesting that they did NOT change estimates. Sept. 6. - Jeffries issues tag-a-long downgrade. Sept. 10 Stock starts basing at 22-23 Sept. 11 - Covad (NTPA) partner) announces major deal with SBC Sept 12 - Kaufman issues following OOOOOPS!!! opinion as part of coverage of COVD. For Netopia, the announcement raising guidance seems to contradict our recent downgrade on concerns over linearity and visibility in the current quarter. This announcement is encouraging as the Covad account represented about 42% of Netopiaís DSL sales in the June quarter. We continue to believe, nonetheless, that Netopia entered the third month of its quarter slightly behind schedule. Having said that, we are extremely bullish on the prospects of the SBC and Covad agreement and the opportunities it offers Netopia. Foremost, a major incumbent with a huge balance sheet now plans to resell Covadís services. For Netopia, this will include business class services both in-region and out-of-region. With NorthPoint (NPNT $10 5/8) partnering with Verizon (VZ $45 1/16) and Covad with SBC, we believe DSL subscriber additions in the small business market will likely accelerate going forward. Netopia is well positioned to capture a large chunk of this acceleration. We recommend investors use the recent concerns and the resulting drop in share price as an opportunity to BUY shares of Netopia Message 14374097