BlueStone Capital Partners Announces Investment Opinion on Quanta Services.Business Editors NOTE TO EDITORS: The following is an investment opinion issued by BlueStone bluestone, common name for the blue, crystalline heptahydrate of cupric sulfate called chalcanthite, a minor ore of copper. It also refers to a fine-grained, light to dark colored blue-gray sandstone. Capital Partners NEW YORK--(BUSINESS WIRE)--Aug. 9, 2000 BlueStone Capital Partners, L.P. Upgrades Rating on Quanta quan·ta n. Plural of quantum. Services to 1-1 from 2-1. Senior Analysts Jeff L. Evans, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. and Walter V. Nasdeo of BlueStone Capital Partners, L.P. upgrades Quanta Services (PWR PWR pressurized-water reactor Noun 1. PWR - a nuclear reactor that uses water as a coolant and moderator; the steam produced can drive a steam turbine pressurized water reactor ; NYSE-$40.94) to 1-1 Outperform - Outperform from 2-1 Market Perform-Outperform investment rating. The intermediate target price is $58.00 and long-term target price is $63.00, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the analysts. Analyst's Summary - We are raising our rating on Quanta Services to 1-1 (Outperform - Outperform) from 2-1 (Market Perform-Outperform). - Our action is based on the pullback in the stock price, despite turning in a strong second quarter. In our view, this makes the valuation of the Houston-based power and telecommunications construction contractor more compelling. - The company continues to perform strongly on a fundamental basis, and going forward, we see sustained strong growth. We believe that the continuing high demand for additional communications bandwidth and increased construction of electric utility infrastructure will drive growth for the foreseeable future. BlueStone Capital Partners, L.P. is a full-service investment banking and brokerage firm that delivers financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. to emerging growth and medium-size companies worldwide. BlueStone Capital assists clients in maximizing their growth by providing sophisticated investment strategies that are designed to achieve clients' strategic, operating and financial goals. |
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