The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Stuart T who wrote (60786)	9/17/1999 10:23:00 PM
From: R.E.B.	Read Replies (2) of 90042

Analyst William Becklean is a turd ! "Becklean, who raised his 12-month price target to $24 from $18, said that the company's core product line, the SmartSwitch Router, is well positioned to continue showing growth." Well that's pretty smart Becklean, raising your 12 MONTH TARGET from $18 (when it hit $19 7/8 today) to $24. Hate to break it to ya Beaklean, but we hit and surpassed your 12 target price (of $18) three weeks ago... you either just woke up from a year-long snooze or you are a typical "close the barn door after the cows escape" analyst. Becklean went on to say: "We see no need to wait for the second-quarter results or the conference call to become more aggressive on the stock," the analyst said. MORE AGGRESSIVE... raising your 2nd Q earnings estimate from 4 cents to the concensus estimate of 6 cents ONE BUSINESS DAY before they will announced is nothing short of "brilliant".... NOT! Becklean reads other analysts articles and jumps in at the end 100 yards from the finish line (Sept 20th) only to cross the line with other analysts claiming he had run the entire race. Becklean, you have no credibility here.

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