Business Services Industry

Daily Mail, London, Broker Buys and Sells Column.

Knight Ridder/Tribune Business News, April, 2002

Daily Mail, London Knight Ridder/Tribune Business News

Apr. 13--BROKER BUYS

EXEL: Merrill Lynch says buy at 856 pence (now 898 1/2 pence). Prospects of further earnings upgrades as the year progresses.

HAVELOCK EUROPA: Teather & Greenwood says buy at 44 pence (now 44 1/2 pence). Significantly undervalued.

LASTMINUTE.COM: Brown Shipley says buy at 61 3/4 pence (now 68 3/4 pence). The company should turn cashflow positive in the final quarter of 2002 with in excess of UKpound 22 million cash.

EDINBURGH OIL & GAS: Bell Lawrie White says buy at 142 pence (now 149 pence). The market has continued to value the Buzzard field on a well-by-well basis with no further appraisal success factored into the price. The short-term target...

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