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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (26134)2/2/1999 8:34:00 AM
From: ACAN  Respond to of 79270
 
Doug & thread FRNT news



Monday February 1, 4:13 pm Eastern Time

Company Press Release

SOURCE: Neidiger,Tucker,Bruner, Inc.

Neidiger,Tucker,Bruner, Inc. Raises Estimates, Price
Target on Frontier Airlines to $12.00, Reiterates Buy Rating

DENVER, Feb. 1 /PRNewswire/ -- The following is being issued by Neidiger,Tucker,Bruner, Inc., a member of the National
Association of Securities Dealers, CRD Number 7425:

Frontier Airlines (Nasdaq: FRNT - news) preannounced Q3 FY99 EPS as being over $0.10. This compares with consensus
of $0.04. Analyst Michael Shonstrom, of Neidiger,Tucker,Bruner, has raised his Q3 EPS estimate in a recent report to $0.13;
full year FY99 estimate to $1.12; and $1.35 in FY2000. NTB's price target has also been raised to $12 per share.

Frontier continues to build its business traveler franchise, improve load factors and yield while harvesting the benefits of lower
operating costs. NTB believes the company has clearly established itself as a viable airline with a profitable market strategy.

Sam Addoms, President and CEO, will be addressing a group of institutional investors in San Diego on Tuesday, February 9th,
and a breakfast meeting in San Francisco on Wednesday, February 10th.

Anyone seeking additional information should contact Alma Fluetsch at 303-825-1825.

SOURCE: Neidiger,Tucker,Bruner, Inc.

More Quotes and News:
Frontier Airlines Inc (Nasdaq:FRNT - news)
Related News Categories: airlines/aviation, earnings

Allan P