thanks for posting that.
at least they had the grace to admit that their upgrade was late. The stock went from 24 to 60 while they had a hold (=sell) on it.
In March 2000, the LEAPs I bought in 3/99 will be in long-term cap gains territory, and I'm going to think about selling them. I have a bad habit of selling too early, and I'm going to try to restrain myself this time. The stock is now overvalued, but obviously has momentum, a good earnings report, and good press. That should keep it going up, barring a general market downturn. I look for a few more stairstep moves up, interrupted by some partial (and temporary)_ retracements of the upmoves.
re: "Better momentum has caused us to upgrade our EPPS forecasts, by 5% in 2000 to E 6.7 and by 18% in 2001 to E 9.2" Do you know what that is, in $ per ADR? It would be so much simpler if there was one global currency, and one global set of GAAP. |
