Analysts Scale Back Estimates for VA Linux

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Author: JT Smith

TheStreet.com reports on the aftermath of Tuesday’s earnings announcement by VA Linux (parent company of NewsForge). “Credit Suisse First Boston cut its rating on VA Linux to hold from
buy Wednesday, a day after the software and services company announced earnings that fell
short of Wall Street’s estimates … Lehman Brothers analyst George Elling also lowered his 2001 earnings-per-share estimate
while reiterating his market-perform rating and keeping the price target at $15.”

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  • Open Source