Credit Suisse First Boston Announces Investment Opinion on VA LiNUX Systems.Business Editors NOTE TO EDITORS: The following is an investment opinion issued by Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)--Jan. 6, 2000 Credit Suisse First Boston Initiates Coverage for VA LiNUX Systems with a Buy Rating Credit Suisse First Boston Technology Group analyst Michael Kwatinetz announced today the initiation of coverage for VA LiNUX Systems (LNUX) with a BUY rating. EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. estimates for FY00 and FY01 are $(0.83) and $(0.71), respectively. VA Linux Systems is a leading provider of Linux-based solutions that integrate systems, software, and services. "VA Linux has quite a high current valuation, 76 times calendar 2000 forecast revenue. Yet, this valuation seems appropriate relative to each of its compares. It has an opportunity to be the next great system's company if it can sustain superior execution over time. We believe appreciation can occur due to achieving upside to estimates and from a very strong underlying growth rate. "Even if its multiple of forward revenue shrunk shrunk v. A past tense and a past participle of shrink. shrunk Verb a past tense and past participle of shrink shrunk, shrunken shrink considerably, there still remains the opportunity for 100%+ appreciation over the next 12 months. We launch at a BUY," stated Kwatinetz in a research note issued earlier today. Credit Suisse First Boston is a leading global investment banking firm, providing comprehensive financial advisory, capital raising, sales and trading, and financial products for users and suppliers of capital around the world. It operates in over 60 offices across more than 30 countries and has over 15,000 employees. The Firm is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of the Zurich-based Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. Group. This press release shall not constitute an offer to sell or a solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. |
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