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PRUDENTIAL SECURITIES LOWERS RATING ON STRATUS COMPUTER TO HOLD

 NEW YORK, Dec. 10 /PRNewswire/ -- Prudential Securities today issued the following revised rating on Stratus Computer:
 SRA: Rating Changed to Hold
 Research Notes:
 Subject: Stratus Computer (SRA -- 37 3/4 -- NYSE)
 COMPUT OPINION
 COM
 OPR Current: Hold
 EPS
 Analyst: Laura Conigliaro 212-214-1475 Prior: Buy
 Lisa A. Cummings 212-214-4789
 Barbara Van De Wall 212-214-1441 Risk: High
 Date: Dec. 10, 1992
 Earnings per share fiscal year ending:
 Cal. Shares 52-
 P/E Ind. o/s Week
 12/91 12/92E 12/93E 1993E Div. Yield (Mil.) Range
 Current: $2.22 $2.50 $2.80 13.5X -- -- 23.5 54-30
 Prior:
 Rating Changed to Hold.
 We are lowering our rating on SRA to a hold from a Buy since the stock is now only 10 percent away from our current price target. Given the continued likelihood of two quarters of flat-to-down earnings, we view the stock as fairly valued for now.
 We are not changing our earnings estimates. Nonetheless, we do not expect the company to exceed our estimates for the next two quarters, with our December quarter estimate probably representing the upper limits -- by a few pennies -- of what is achievable. Beyond the next two quarters, we look for a resumption of earnings growth. Our estimates for 1993 is $2.80, up from 1992's estimated $2.50.
 -0- 12/10/92
 /CONTACT: Carol Turner of Prudential Securities, 212-214-3957/
 (SRA)


CO: Prudential Securities ST: Massachusetts IN: CPR SU: RTG

LR-WB -- NY051 -- 5812 12/10/92 12:53 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 13, 1992
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