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Technology Stocks : CLS - Celestica

CLS 54.22

+0.7%

1:34 PM EDT

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To: QuietWon who wrote (45)	10/20/1999 12:04:00 PM
From: Ted Downs	Read Replies (1) of 54

Wednesday October 20, 11:26 am Eastern Time RESEARCH ALERT_- CFSB raises Celestica NEW YORK, Oct 20 (Reuters) - Credit Suisse First Boston raised its rating on Celestica Inc. to a strong buy from a buy, and its price target to $64 a share from its previous target of $60 a share. -- Raised 2000 earnings estimate to $1.80 a share from $1.70, driven by higher than expected growth in the communications market and potential for original equipment manufacturing asset acquisitions. -- Shares trading at 51-3/4, up 3-3/16 on the day in early Nasdaq trading.

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