Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Brillian Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Tom Caruthers who wrote (71)	1/5/2007 5:01:28 PM
From: Starlight	Respond to of 361

AP Syntax-Brillan Shares Boosted by Analyst Friday January 5, 4:25 pm ET Stock in HDTV Maker Syntax-Brillian Rise After Analyst Ups Price Target, Estimates NEW YORK (AP) -- Shares of high-definition TV maker Syntax-Brillian Corp. gained 13.2 percent Friday, and hit a new 52-week high during the trading session, after an analyst raised his target price on the stock. Michael Tieu of Brean Murray Carret & Co. raised his target to $18, up from $14, for the Tempe, Ariz.-based company, and boosted his estimates for the next six quarters. He now expects the company to take in $196 million revenue in its fiscal second quarter, ended in December, producing earnings per share of 23 cents, up from $188 million and 22 cents per share. Analysts, on average, expect sales of $189.2 million and profit of 20 cents per share for the December quarter. Tieu called Syntax-Brillian "one of our top picks for 2007" as a result of "home runs" in North America and Asia. Shipments in both markets surpassed expectations, and the company is attracting large retailers, he said in a client note. Although LCD TV prices are falling, Tieu said, profit margins are likely to grow. Syntax-Brillian stock rose $1.25, to close at $10.74 on the Nasdaq. The stock reached an 52-week high of $10.82 during the session, surpassing its previous peak of $9.95, set in early December. --------------- Pretty good news on a down market day!