MERRILL LYNCH PREFERS TO INVEST IN ASUS
AsiaInfo Services, December, 2006
AsiaInfo Services 12-05-2006 Merrill Lynch Prefers to Invest in ASUS CHINA, Dec 05, 2006 (SinoCast via COMTEX) -- ASUSTeK Compute Inc., which has registered over-expected performance in the third quarter this year and has realized jumped share price, is predicted to continue the situation next year, in view of the growing PC market, and the robust rise of sales of its own brands, said the latest report of Merrill Lynch, one of the world's leading financial management and advisory companies, who has viewed ASUS as one of primary companies to be invested for target price of NTD 102 (or CNY 24.7) per share. On the basis of the shipment of notebook and desktop computers to Dell, its performance in the fourth quarter is predicted to jump over 25% on the previous quarter,...
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