Tuesday, February 15, 2000
TRISTATE MARKET SPOTLIGHT
Hebron's Pomeroy a 'strong buy'
Shares of Pomeroy Computer Resources Inc. gained 93 3/4 cents, or 5.6 percent, on Monday to close at $17.68 3/4.
The Hebron computer equipment supplier was raised to strong buy from buy by analyst Michael T. Whitney at Advest Inc. He thinks the stock price will rise to $25 per share within 12 months.
Pomeroy announced Friday that total net sales and revenues for fiscal 1999 increased 20.5 percent to $756.8 million. Net income for the year increased 23.3 percent to $24.9 million, or $2.11 per diluted share.
Web's DoubleClick on defense
Kroger selling 'Junior' T-shirts
Brandt relies on its roots
Broadcaster buys marketer
TRISTATE SUMMARY
INDUSTRY NOTES: BANKING
PEOPLE ON THE MOVE
TRISTATE MARKET SPOTLIGHT
U.S. sales rate gains on inventories