SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: westpacific who wrote (29807)11/18/1999 12:09:00 PM
From: Frederick Langford  Read Replies (1) of 108040
 
West,
Why give it a $25 target?To: Jim B (29734 )
From: BRea ( Ignore ) Thursday, Nov 18 1999 11:02AM ET
Reply # of 29800

RESEARCH ALERT-Retek started at buy in today's IPO
NEW YORK, Nov 18 (Reuters) - Jefferies & Co. said it started coverage of Retek Inc. (NasdaqNM:RETK - news) with a buy rating after its spun off from its parent company HNC Software Inc. (NasdaqNM:HNCS - news) on Thursday.

-- said Retek may be worth 20-30 times revenues at Thursday's initial public offering.

-- ****said 12-month target price is $25

biz.yahoo.com

Fred
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext