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Montgomery Securities Raises Rating on Tech Data Corporation from HOLD to BUY.

SAN FRANCISCO--(BUSINESS WIRE)--Nov. 27, 1995--Montgomery Securities Analyst David Grossman has raised his rating on Tech Data Corporation (TECD) from HOLD to BUY.

Grossman expects the company to earn $0.54 per share in Fiscal Year (January) 1996 and $1.02 per share in Fiscal Year (January)

1997. His 12-month target price is $17-$18, or 40% above current levels.

CONTACT: Montgomery Securities

David M. Grossman, 415/627-2356

dgrossman@montgomery.com

or

Elizabeth Snowdon, 415/627-2747

esnowdon@montgomery.com

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