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Technology Stocks : Sykes Enterprises (SYKE) -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth A. Hintz who wrote (18)	2/24/1998 9:50:00 PM
From: ziad daoudi	Read Replies (1) \| Respond to of 48

CORRECTED-RESEARCH ALERT - Sykes (NASDAQ:SYKE) maintained Reuters, Tuesday, February 24, 1998 at 20:40 In a Feb. 10 NEW YORK story headlined "Sykes (NASDAQ:SYKE) maintained" in fourth paragraph please read "...Shain..." instead of "...Bendert." A corrected version follows. NEW YORK, Feb 10 (Reuters) - Robert W. Baird & Co said it maintained its buy rating on Sykes Enterprises Inc after Credit Suisse First Boston downgraded Sykes (corrects co name) to hold from buy. -- Sykes was down 4-5/8 to 18-1/4 in afternoon trading, a fall that Baird attributed to the First Boston downgrade. -- Baird analyst Paul Shain (corrects name) said in a research note that there were concerns in the marketplace that a lower effective tax rate due to certain acquisitions meant that Sykes' operating earnings were below expectations. -- But Shain (corrects name) said the sell-off represents a buying opportunity. Baird's near-term target is $30, in line with projected internal growth. Shain expects Sykes to post earnigns of $0.85 per share for 1998 and $1.15 for 1999. Copyright 1998, Reuters News Service Companies or Securities discussed in this article: Symbol Name NASDAQ:SYKE Sykes Enterprises Incorporated