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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/11/2001 1:02:54 PM
From: besttrader  Read Replies (1) of 37746
 
i2 Technologies (ITWO) 19.89 -1.24: C.E. Unterberg, Towbin comments on ITWO following their eDay 2001, where they indicated plans of a new strategy to revitalize sales to customers; firm maintains estimates and price target of $30, which assumes stock will return to its average historical valuation to sales.

Pegasus Comms (PGTV) 20.30 -5.78: Wit SoundView downgrades to HOLD from BUY citing weak Q1 results with subscriber growth 22% below firm's expectations.

IBM (IBM) 112.50 -2.70: -- Update -- Wit SoundView reiterates STRONG BUY with a $140 price target on Big Blue; says annual analyst meeting last night provided little in terms of new information; however firm says quarter appears to be progressing well; continues to note that stock runs the risk of getting ahead of itself in the short-term.
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