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Technology Stocks : Summit Design (SMMT)-Another EPIC? -- Ignore unavailable to you. Want to Upgrade?

To: Andrew Furst who wrote (59)4/1/1998 5:30:00 PM
From: ken Su  Respond to of 100
 
Andrew:
BARS is BankAmerica Robert Steven. They downgraded SMMT at the end of last year when SMMT is at about $12. Now, the wind is blowing to the other direction now. SMMT definitely deserve Strong Buy. The report will be out April 23 after market. From my estimate, they'll easily beat the number.
Good luck to all.
Ken



To: Andrew Furst who wrote (59)4/1/1998 5:50:00 PM
From: Claude Edelson  Read Replies (1) | Respond to of 100
 
Bars is BankAmerica Robert Stephenson.

They had rated smmt as long term attractive because of concerns over Japan ; but they now beieve growth is strong enough in Europe and US to overcome any shortfalls from Asia. They believe smmt will come in a penny or two above their estimate - I have to look back for other reasons.

Claude


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