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Technology Stocks : Premiere Technologies (PTEK) -- Ignore unavailable to you. Want to Upgrade?


To: czycz who wrote (384)6/8/1998 11:57:00 AM
From: Lazlo Pierce  Read Replies (1) | Respond to of 1270
 
I heard that too, the reporter didn't give name or firm though. When Kernan is gone, CNBC is hurting on the stocks to watch segments. That reporter is an airhead (from watching interviews she has done).
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From the yahoo board <<here is the latest news:

cut in 2Q estamate from a B of A analyst SHE STILL HAVE A BUY RATING !!!!!:
NEW YORK, June 8 (Reuters) - BancAmerica Robertson Stephens said Monday that analyst Marianne Wolk lowered her second quarter earnings estimate on Premiere Technologies Inc to reflect reduced confidence in the company's near-term outlook.

-- Cut Q2 estimate to $0.22 per share from $0.27.

-- Cited reduced likelihood that Premiere Technologies would realize accelerated voice/data messaging revenues and cost efficiencies from recently-acquired businesses in the June quarter to the extent previously believed.

-- Kept buy rating.

-- Shares fell 4-7/16 to 17-1/8 after earlier touching as low as 15-7/8.
ÿ

Dave