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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject4/5/2001 1:29:20 PM
From: besttrader   of 37746
 
ERTS Strong buy with P/E of 254 ?? Come on!

Electronic Arts (ERTS) 46 15/16 -1 7/16: USB Piper Jaffray reiterates BUY rating with a price target of $60; CSFB reiterates STRONG BUY rating with a price target of $70, misinformation reported by the Financial Times yesterday (that Microsoft (MSFT) missed a delivery date for the beta software developer kit for the Xbox) has created a buying opportunity; expects that shares will quickly regain the ground lost after this story was reported and encourages investors to use this opportunity to buy shares.
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