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To: tech fool who wrote (18129)	10/23/1998 12:33:00 PM
From: Clint E.	Respond to of 67821

Hello Techfool. CKFR and SAVLY are a world apart in terms of products and target customer. Perhaps the strength in the bank stocks would have something to do with CKFR's strength. As far as SAVLY testing triple bottom, I imagine you mean at $8. I don't know, probably not because the street is now realizing that there is not a sustained slowdown in the telecom biz. Small-caps are also doing well and it is cheaply-valued. I can tell you that based on what I have read, SAVLY should report flat R&D(still higher than last year) but higher SG&A expense. I think they would come in right at or 1-2c below. I can also tell you that the next qtr. estimate of 30c is quite high and should be adjusted down. Clint

To: tech fool who wrote (18129)	10/27/1998 10:16:00 PM
From: Clint E.	Read Replies (1) \| Respond to of 67821

Tech fool: I looked at SAVLY's numbers last night and decided not to go long but the glass was considered half full for SAVLY today. 98 & 99 estimates were cut but the stock went up. ============================================================ Tuesday October 27, 10:31 am Eastern Time Company Press Release SOURCE: BancBoston Robertson Stephens BancBoston Robertson Stephens Reduces Estimates Yet Reiterates Buy on Saville Systems SAN FRANCISCO, Oct. 27 /PRNewswire/ -- The following is being issued by BancBoston Robertson Stephens, a member of the National Association of Securities Dealers, CRD number 41271: BancBoston Robertson Stephens senior communications analyst Marianne Wolk reiterated a buy on Saville Systems (Nasdaq: SAVLY -news). Saville Systems, based in Burlington, MA, is a billing company that bills for local exchange, wireless (cellular, satellite, paging), and Internet services -- on a single invoice -- worldwide. Wolk is reducing Q4, 1998 and 1999 estimates to reflect Saville Systems' risks, including diminished CLEC liquidity, the instability of global financing markets, potential mix shift to service bureau contract -- risks she had outlined in several reports earlier this month. ''We believe this is an instance of the numbers catching up with the stock; our new forecasts reflect a lot of the short-term risks to the story,'' said Wolk. ''With these cuts, we believe we have eliminated one of the last hurdles for investors focusing on the long-term opportunity. Our conviction in the long-term remains high. We see strong potential for billing solutions and strong demand for Saville's products. At this juncture, the company appears on track to reach at least 20 new customer contracts in 1998 with sixteen contracts signed and three more letters of intent.'' BancBoston Robertson Stephens is a leading international investment banking firm focused on emerging growth companies. The firm's 55 senior research analysts cover over 575 companies. ============================================================