Trend Setters and Range Riders Message Board

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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 517.81

-1.5%

Oct 31 9:30 AM EST

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To: lee kramer who wrote (3648)	11/3/2001 5:44:06 PM
From: kendall harmon	Read Replies (1) of 26752

CIMA, Lee it is an issue of dueling analysts. What is going here is an analyst at SG Cowen had some concerns, and people are bailing from the momentum stock. The issue is: is the Cowen analyst right in his analysis? Two other analysts disagree. Interestingly, even the Cowen analyst Ian Sanderson "predicted that Cima shares will trade in a range of $35 to $40 in the near term and ultimately move back up into the mid-$40s" (from Dow Jones). So EVEN the analyst who DOWNGRADED the stock thinks it will head back to the mid 40's. It is a classic short term traders opportunity. As you may be aware I love these "dumper" plays.

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