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Re: tonytuba post# 232605

Monday, 04/19/2004 10:23:30 AM

Monday, April 19, 2004 10:23:30 AM

Post# of 704019
JMP Ignores Pricing, Competition Issues at RHAT... "international opportunities"--- LOL

09:18 ET RHAT started with an Outperform at JMP; target $30 23.19: JMP Securities initiates coverage of Red Hat with an Outperform rating and $30 target; firm believes the stock's rich valuation is justified by strong fundamentals and explosive growth in the disruptive technology Linux mkt; firm also believes that a number of factors could drive rev and earnings growth, including: 1) growth of Linux into enterprises' data center environments, 2) increasing OEM revs from Dell, H-P, and IBM, 3) int'l opportunities, and 4) new functionalities such as systems and storage mgmt (Sistina) and enhanced security features.

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