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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (53491)4/19/2002 9:41:25 AM
From: Sully-  Read Replies (2) | Respond to of 99280
 
09:27 ET Emulex upgraded at Legg Mason (EMLX) 29.91: -- Update -- Legg Mason upgrades to STRONG BUY from Mkt Perform based on the belief that future sales growth and operating margins justify valuation in $37 area (although upside case can be made for $50); believes co will continue to gain share due to product-specific opportunities and an emerging OEM trend to consolidate suppliers, and that the combo of mkt growth and share gains could drive 70%+ compound sales growth through 2005.