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Technology Stocks : MXWL Maxwell Tech-Food Zapper kills bacteria FDA OK'd -- Ignore unavailable to you. Want to Upgrade?


To: Jerryco who wrote (415)5/9/1998 12:19:00 AM
From: Jerryco  Read Replies (1) | Respond to of 509
 
Item from the Motley Fool thread:

Subject: Re: Cowen.....
Date: Fri, May 8, 1998 15:58 EDT
From: IEatToast
Message-id: <1998050819580400.PAA23609@ladder03.news.aol.com>

Cowen re-iterated their strong-buy rating and put a 12 month price target on Maxwell of $42 - $45 a share......

The analyst seems very positive on the Co.......

Along with the I-Bus news, Maxwell also restructured the software business over the last month or so. This unit had been a drag on profits in the past. In F97, the software unit had only $9 mil in revenues, but had an operating loss of $2.9 mil, compared to profits of $3.8 mil for the rest of the Company. This should affect earnings positively going forward......

Best regards to everyone,