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Non-Tech : Wal-Mart
WMT 103.07+0.6%10:49 AM EST

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To: Ken Turetzky who wrote (53)7/7/1997 12:18:00 PM
From: Leo Francis   of 1166
 
Ken, I must say Morgan is pretty weak. Raising a target, AFTER their original target is reached is pure nonsense. And to only raise the 12 MONTH TARGET to 39, when the stock is at 36, an 8% increase shows the true level of Morgan's confidence. Would you buy a stock hoping to get a mere 8% return in 12 months?

This ride is about to end very abruptly. LF
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