Earnings Reports Today - DT, DRAX, EON, EZEN.

0 Comments | M2 Presswire, August, 2003

M2 PRESSWIRE-14 August 2003-World View Research: Earnings Reports Today - DT, DRAX, EON, EZEN(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:08142003 City of Industry, CA -- World View Research, Inc. report of public companies reporting earnings today. Companies reporting earnings today include Deutsche Telekom (NYSE: DT), Draxis Health (NASDAQ: DRAX), E.ON AG (NYSE: EON), and Ezenia (NASDAQ: EZEN).

Firm is lowering its rating on this long-favored name due to valuation. Notes that issue currently trades at a 1.48 relative P/E (vs 10-yr historical avg of 1.38); finds a 48 premium on the "high side" for a retailer with estimated long-term annual EPS growth of 10. Companies announcing earnings this week includes Xfone, Inc. (OTCBB: XFNE). Xfone, Inc. is an...

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