Old 01-07-2008, 06:50 PM Offline   #1 (permalink)



 
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Default Artilium target price lowered (FT.com)

FT.com - Artilium, the telecommunications technology group formerly known as Future Internet Technologies, was among the leading fallers on Monday as Panmure Gordon initiated coverage with a "sell" recommendation. The broker said the company, which produces software to integrate mobile, fixed-line and broadband networks, had been "driven too high by retail investor speculation rather than fundamental developments in the business" and set a price target of 91p. Artilium closed down 19.3 per cent at 153p.

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