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Next Level Communications (NXTV) Message Board

  • ALINAVID ALINAVID Jan 3, 2001 12:48 PM Flag

    NTXV Anaylst Upgrade

    Next Level Communications
    NASDAQ:
    NXTV
    Rating:STRONG BUY (We anticipate the stock will outperform its
    peer group in the next 6 months, with the potential
    for a near-term catalyst.)
    Sector: eNetwork
    Infrastructure
    Price Target: $150.00
    NXTV: Strengthens Management
    Team with New CEO
    Tim Savageaux discusses Next
    Level's appointment of J. Michael Norris as the new
    President and CEO of the Company. Next Level Communications
    reported after the close Novemember 28, 2000 that J.
    Michael Norris has joined the Company as President and
    CEO and that Pete Keeler would remain Chairman of the
    Board of Directors. We believe that Mr. Norris'
    international relationships, in addition to his broad
    operational expertise, should prove to be instrumental in
    helping Next level become a leading global supplier of
    integrated broadband access technology. Further, we view the
    recent weakness in stock price as an excellent buying
    opportunity. We reiterate our Strong Buy rating.

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