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To: Piranha who wrote (12751)5/19/1999 12:06:00 PM
From: Marc  Read Replies (1) | Respond to of 16960
 
DLJ - Wow !!, one year day for day the same buy recommendation was issued last year on the exact same date. ...come on...read last year report...and come back to me on this.

MArc

Don't listen to does guys, you will lost money more often than you will make money.



To: Piranha who wrote (12751)5/20/1999 12:16:00 AM
From: Piranha  Read Replies (1) | Respond to of 16960
 
OOPS! I totally forgot an analyst/broker. Dan Scovel with
Fahnestock. What made me remember? They issued their
report today. The report is a revision of estimates for the new
fiscal year and a reiteration of their HOLD rating. The report
didn't contain much we haven't already heard but they brought up
two points that the more "positive" analysts didn't mention:

1) They are concerned that the STB merger's potential pitfalls, such
as increasing organizational complexity and additional short-term
costs, are risks that could mitigate the benefits of the merger.
Overall, they will remain cautious about the merger until more
proof is shown.

2) They fear the company may become prosperous without profit to show
for it. They base this on the earnings reported thus far. Again,
this seems likely to change only after more proof is shown in the
form of profits, AKA "Show me the money."

Of course, this discussion wouldn't be complete without their new
numbers:

1Q 2Q 3Q 4Q FY
---- ------- ------- ------- ------- -------
2000 ($0.14)A $0.01 $0.42 $0.51 $0.94
2001 $0.43 $0.17 $0.39 $0.58 $1.58

No price target was given.

Piranha