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Technology Stocks : Teligent -- Ignore unavailable to you. Want to Upgrade?

To: SteveG who wrote (168)	4/8/1999 2:17:00 PM
From: Steve Parrino	Read Replies (1) \| Respond to of 270

S&P Initiates Coverage of Teligent Inc. Shares with Buy (4/8/99) Standard & Poor's initiated coverage of shares of Teligent Inc. (Nasdaq: TGNT) with a 5 STARS (buy) recommendation. Analyst Phil Wohl says this cutting-edge wireless pioneer offers small and mid-sized businesses high bandwidth local and long-distance, high-speed data and Internet services. He sees revenues increasing to $35 million in 1999, from $1 million in 1998, and notes that the company has $1.2 billion bank financing available to fund its rapid expansion.