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Non-Tech : BBY -Best Buy -- Ignore unavailable to you. Want to Upgrade?

To: EL KABONG!!! who wrote (748)	3/10/1999 2:53:00 PM
From: Rainy_Day_Woman	Respond to of 980

yep, definitely fubar news from last week: CHICAGO, March 5 (Reuters) - George K. Baum & Co. analyst Dean Ramos said Friday he has raised earnings estimates on home electronics and personal computer retailers Best Buy Co. Inc. (NYSE:BBY - news) and Circuit City Stores Inc. (NYSE:CC - news). -- Ramos says in a report he raised his fourth quarter estimate on Best Buy to $0.98 a share from $0.94, his fiscal 1999 estimate to $2.09 from $2.05 and his fiscal 2000 estimate to $2.60 from $2.47. -- Says increases based on fourth quarter sales results, which were released on Thursday. -- ''We continue to expect strong results from the company's consumer electronics categories favorably impacting gross margin due to a richer mix of merchandise,'' Ramos says. -- Maintains buy rating with stock price target of 100. Shares up 1-1/8 at 94-1/8. close to target acoording to Ramos sherry current: 97 13/16 -1 1/16 (1.07)