Robertson Stephens initiates coverage of Enterprise Systems.SAN FRANCISCO--(BUSINESS WIRE)--Nov. 15, 1995--Robertson, Stephens Ste·phens , Alexander Hamilton 1812-1883. American politician who was vice president of the Confederacy (1861-1865) under Jefferson Davis. & Co. initiated coverage today of Enterprise Systems (ESIX ESIX Electrically Switched Ion Exchange ) with a Long-Term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. Attractive (LTA LTA Land Transport Authority LTA Land Trust Alliance LTA Lawn Tennis Association LTA Lost Time Accident LTA Lighter-Than-Air LTA Lieutenant (Singapore military) LTA Lipoteichoic Acid LTA Lymphotoxin-Alpha ) rating. ESIX offers the only comprehensive product line in the fragmented frag·ment n. 1. A small part broken off or detached. 2. An incomplete or isolated portion; a bit: overheard fragments of their conversation; extant fragments of an old manuscript. 3. and rapidly growing market of resource management systems for hospitals and other health care providers. Enterprise is a technology leader in reengineering operations and streamlining work flow using resource management software. The company's products can provide cost savings and increase productivity by staffing more efficiently, managing supply inventories, and automating scheduling. "We feel Enterprise is addressing a $2 billion market opportunity," said Michael Samols, research analyst at Robertson Stephens. With a growth strategy to develop new products and new markets, proven technological expertise and a strong new management team, "We believe ESIX represents an excellent long-term investment," Samols continued. "We are forecasting accelerating revenue growth of 34% to $33.2 million in 1995 and 44% to $48 million in 1996." The firm forecasts that 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. will increase by 10 cents to 23 cents in 1995 and by 20 cents to 70 cents in 1996. Robertson Stephens is a leading investment banking and management firm which focuses on emerging growth companies. The firm has 28 senior research analysts who cover more than 300 companies. CONTACT: Robertson Stephens & Co. Cheryl Popp, 415/693-3506 Michael Samols, 415/693-3431 Tom Hodapp, 415/693-3337 |
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