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Technology Stocks : Adaptec (ADPT) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Switz who wrote (4236)1/7/1999 12:07:00 PM
From: Jim Switz  Read Replies (3) | Respond to of 5944
 
Here's some analyst news today. These guys are really on the ball, aren't they? Too bad they didn't put out these numbers LAST week. I'm sure they're worth every penny they "earn".

I think I like Lazlo's the best -- on a day we hit $26.75, he's "also likely to raise $23 price target". Like Bugs Bunny says, "what a maroon". Anyway . . .

BancBoston Robertson Stephens managing director and senior semiconductor analyst Daniel T. Niles today raised his earnings per share estimates from $0.45 to $0.52 for FY99 and from $1.00 to $1.15 for FY00. Niles raised his price target 50 percent, from $20 by March 99 to $30 by year-end.

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Andrew Neff of Bear, Stearns Raises $0.14 3Q EPS estimate to $0.20, $0.45 FY 99 (Mar) to $0.55, $0.80 FY 00 to $1.20

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M.Graham Hackett of unidentified company says "for now, raising our $0.40 FY 99 (Mar) EPS estimate to $0.51"

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PaineWebber reiterates buy, Analyst John Lazlo says pending discussions with co. mgmt, will be revising current $0.48 FY 99 (Mar), $1.13 FY 00 EPS estimates... Is also likely to raise $23 price target

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