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

To: van wang who wrote (722)	1/6/1998 1:06:00 PM
From: Rob C.	Respond to of 1229

Van, More detail...he didn't lower the estimates by that much...this is very curious indeed. Why didn't he do this when the stock was 28 to 30??? NEW YORK, Jan 6 (Reuters) - SoundView Financial Group Inc said Tuesday it lowered its short-term rating on shares of Sequent Computer Systems Inc to hold from buy while keeping its long-term hold rating on the stock. -- Analyst Gary Helmig also lowered his fiscal 1997 earnings estimate to $0.97 per share from $0.99 per share and his 1998 estimate to $1.35 per share from $1.40 per share. -- Helmig said in research note he lowered his estimates in anticipation of other first quarter earnings estimate reductions. -- Stock flat at 20. REUTERS Rtr 11:56 01-06-98 Copyright 1998, Reuters News Service

To: van wang who wrote (722)	1/6/1998 1:07:00 PM
From: Rick Smith	Read Replies (1) \| Respond to of 1229

Goldman rated it a market performer 12-9-97, but seem very positive next year. While that's old news, the language that they used in the report implies the possibility of an upgrade if this quarter looks reasonable. The consenses is .45 and that is their estimate as well, but they indicated the very real possibility that the number would be slightly higher than that. They also indicated their belief that SQNT would be able to pull off the Unix/NT operating system box. Dorsey Wright has SQNT on their screen as a buy this morning with a tight stop of 18 1/2 and a target in the old high, 31 area. The trend is positive as the stock came right down to the bullish support line and was able to hold and consolidate. This one looks good here and it would be typical for Soundview to lower an opinion if they can't get any info on the earnings before they are actually announced. This protects them from any downside suprises and allows them to raise the opinion again once earnings are released. Good Luck. Rick..