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Microcap & Penny Stocks : CHYRON CORP (CHY)

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To: Johnnie W. who wrote (199)6/16/2000 7:37:00 PM
From: Rob Preuss   of 292
 
[5 May 2000. Unterberg reiterates "Strong Buy". $32 Target.]

This is over a month old, but I just found it now.
They initially came out with a "Strong Buy" and a
$32/sh price target on 13 April when CHY was trading
at around $7 or $8/sh (down from the $13/sh peak).

When they reiterated the rating/target on 5 May,
CHY had just reported their Q1 financial results
and we were trading around $5/sh. Now we're at $3/sh.

Since 5 May, we've had no significant news (good or bad)
so I can only presume that this Unterberg analyst hasn't
changed his opinion. It will be interesting to see what
happens when Q2 results are released (early August?).

cnetinvestor.com

>Princeton, New Jersey, May 5 (Bloomberg Data) -- Chyron
>Corp. (CHY US) was reiterated ''strong buy'' by analyst
>Kalpesh Kapadia at CE Unterberg Towbin. The 12-month target
>price is $32.00 per share.
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