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Strategies & Market Trends : AMIGOS INVITATIONAL YEEHAW PORTFOLIO

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To: James Strauss who wrote (787)7/30/1999 8:54:00 PM
From: Sergio H  Read Replies (1) of 1316
 
IFLO

Jim, Wedbush Morgan has been forced to move up their price target for IFLO twice in the past year. Recently, the 12 month target was moved up to 7.

IFLO beat earning estimates last week by 25% without a penny of revenue from the Johnson and Johnson deal. The early reports on the J & J deal are extremely positive. Looks like WM is going to have to up their target price a third time.

Sergio
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