BroadVision (BVSN) Message Board

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Technology Stocks : BroadVision (BVSN)

BVSN 4.410

-0.5%

May 18 5:00 PM EST

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To: Elroy who wrote (1645)	7/1/1999 6:06:00 PM
From: still learning	Read Replies (1) of 3773

Re: "I don't use technical analysis (never understood flying banana patterns and half burned candlesticks...), so that means nothing to me. And I hope it goes a lot higher, so I can feel more comfortable when/if I eventually do short it." A flying banana stick clearly indicates an head and shoulders wedgy coming up through an inverted crack. I suggest you stick to proper labels for technical analysi <g>. W/ all due respect, technical analysis, though beyond my ken, is something many people use successfully, but I too am of the opinion that it's always useful to understand the fundamental/underlying reasons someone likes BVSN at $70. FWIW, an analyst has no choice once a stock hits a target price -- either they have to updrage target, or downgrade rec. They can't have a "buy" and a target of $60 when the stock's at $70. The upgrade to $84 is interesting, would like to see the research that goes with it. But more than that, I'd love to hear the thread's reasoning (which has been done in advance of the rec).

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