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PARTYGAMING
SHUJJA - Sat, 22 Oct 05 :
But bucking the negative trend today, PartyGaming was the best blue chip performer, adding 8 pence at 86 after the online poker giant's in-line third quarter KPIs and reassuring outlook helped restore confidence in the Internet gaming sector.
In reaction, house broker Dresdner Kleinwort repeated its 'buy' stance and 150 pence target, arguing that poker revenue growth of 10 pct quarter on quarter since the launch of the new platform, combined with lower poker customer acquisition costs, is highly encouraging.
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