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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Ron McKinnon who wrote (38955)3/22/2002 9:58:21 AM
From: Larry S.  Read Replies (1) of 53068
 
PVN, from briefing.com: 7:56AM Providian Fin upgraded by Morgan Stanley -- favorable risk/reward (PVN) 6.15: Morgan Stanley upgrades to OVERWEIGHT from Equal-Weight. After analyzing co's restructuring plan, finds the risk/reward trade-off intriguing. Given co's success in raising liquidity, it is difficult to see downside risk below $5. Firm's new price target is $9.
re: wtg - sometimes is better to be stubborn than good. thxs my target is actually mid teens to low 20s, though likely will have parted with at least some shares by then.
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