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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (17018)5/8/2003 6:14:53 PM
From: Madharry  Read Replies (1) of 78625
 
yet another brokerage firm pays a back handed compliment to AAPL- Solomon Smith Barney upgraded to their equivalent of market performer raising their price target from 15 to 18. This after the stock closed the day before at 17.65. I guess tomorrow they will be downgrading since the price target has now been met. I can only speculate that some of these bokerage firms either have outright short positions here or have marketed some sort of hedge of long microsoft and short apple and are doing what they can to stem the tide.
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