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Technology Stocks : Wind River going up, up, up!

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To: Snowshoe who wrote (4115)1/26/1999 12:42:00 AM
From: Joe Smith   of 10309
 
Just looked up David L. No posts whatsoever since his last one here in August....

Just a note about the Eveeren confusion. Here is the info from the table..

1/25/99 Everen Securities reiterates 1-1 rating, raised short term target from $44 to $57, long term from $56 to $72
11/23/98 Everen Securities reiterates 11, 3rd qtr $0.25 slightly ahead of expectations, ST tgt $57, LT tgt $72
Note that the Jag Notes say that ST raised from 44 to 57 LT 56 to 72 when in November the ST was 56 and LT was 72. It is a reiteration, not really an increase, certainly not a decrease. One dollar increase of ST no change to LT. Perhaps their targets are unaffected because they know that the 30% price drop is typical...It just happened all at once this time instead of th typical back and fill action we are used to.


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