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


To: Amsterdam who wrote (2129)6/30/1998 9:49:00 AM
From: seth thomas  Read Replies (2) | Respond to of 3033
 
The first of the strong recommendations this morning:

1) Piper Jaffray rerates VNTV strong buy. Claims rumors about missed quarter not true. Comfortable with its estimates. Target of 40.

2) Wheat First Union says VNTV "severly undervalued". On track to double salesforce this year. VNTV management comfortable with mean estimate on Street. On track to gain market share this year in all aspects of the growing CIS market. 12 month target price of 45.

Also says that rumor the eastern regional manager resigned due to missed number is NOT true - he announced resignation to take very senior job in a start-up.

(I think the eastern regional manager rumor could have easily dumped the stock yesterday).