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To: MoonBrother who wrote (2036)	11/16/1998 11:16:00 PM
From: A. Edwards	Respond to of 4710

NEW YORK, Nov 16 (Reuters) - Lehman Brothers said Monday it cut its rating on the shares of software company Cambridge Technology Partners Inc., <CATP.O> citing risks related to its reorganization and negative industry trends. Analyst Karl Keirstead also intimated coverage software company Sapient Corp., <SAPE.O> with a rating of neutral and a target price of 52. In a note, Keirstead, citing a Merrill survey said spending on client/server-based software development may be curtailed considerably in 1999. That represents about 20-25 percent of Cambridge revenues. lowering fiscal year 1998 earnings estimates to $0.91 a share from $0.92, and cut 1999 to $1.14 from $1.18. Cut 12-month target to $26 from $30. Keirstead said the weak client/server-based custom software development market represents 10-20 percent of Sapient revenues. set a price target on Sapeint stock of $52 a share. 12:31 11-16-98