Dutton & Associates Announces Investment Opinion: Alaris Medical Strong Buy Rating Issued By Dutton & Associates.Business Editors NOTE TO EDITORS: The following is an investment opinion issued by Dutton & Associates EL DORADO El Dorado, legendary country of South America El Dorado (ĕl`dərä`dō, –rā`–) [Span.,=the gilded man], legendary country of the Golden Man sought by adventurers in South America. HILLS, Calif.--(BUSINESS WIRE)--Jan. 9, 2003 J.M. Dutton & Associates initiates coverage of Alaris Medical (AMEX AMEX See: American Stock Exchange :AMI) with a Strong Buy rating and a 12-month $11.00 price target. The 18-page report by JM Dutton senior analyst Sherry Grisewood, 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. , is available at www.jmdutton.com, and at Zacks, First Call, Multex, Bloomberg, and other leading financial portals Financial Portal A website that provides a variety of financial data and information, acting as an information hub for clients who are individual investors requiring timely financial news and data to make their investment decisions. . Alaris Medical is a leading worldwide medication delivery and infusion therapy systems company that is ahead of its competitors in driving technology towards higher standards of medication delivery safety and accountability. The Company designs and manufactures proprietary intravenous intravenous /in·tra·ve·nous/ (-ve´nus) within a vein or veins.intrave´nously in·tra·ve·nous adj. Abbr. IV Within or administered into a vein. medication delivery safety and infusion therapy devices, associated needle-free disposables and related monitoring equipment. Alaris markets these products to over 5,000 hospitals in 120 countries worldwide. The Company has about 2,600 employees and operates manufacturing facilities in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , the United Kingdom, and Mexico. Revenues are estimated at $449.5 million in 2002 rising to $554.5 million in 2004, while 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. are estimated at $.11 in 2002, rising to $.34 in 2004. We believe the Company is at the cusp of seeing the net benefit of many changes under new management, which should drive a significantly improved financial performance. Dutton & Associates is one of the largest independent investment research firms in the U.S. Its 19 analysts, primarily CFAs, have expertise in many industries including healthcare, technology, finance, banking, mining, gaming, and energy. Dutton & Associates provides economically bias-free, continuing analyst coverage of enrolled companies, and its institutional-quality research, estimates, and recommendations are carried in all the major databases serving institutions and online investors. The cost of enrollment in the Dutton & Associates one-year continuing research program is US $25,000 prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay ment n. before commencement of
its research activities. Dutton & Associates does not accept payment
of any of its fees in company stock. Its principals and analysts are
prohibited from owning or trading in securities of covered companies.
Please read full disclosures, and analyst background at www.jmdutton.com
before investing.
|
|
||||||||||||

ment n.
Printer friendly
Cite/link
Email
Feedback
Reader Opinion