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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 269.39-7.2%Feb 4 3:59 PM EST
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To: Sam who wrote (1685)12/5/1997 2:19:00 PM
From: Z Analyzer  Read Replies (3) of 9256
 
<<Goldman Sachs was
being showing both realism and integrity in saying that they think it is an $80 stock in
the face of the sell off. That sounds outlandish with the stock languishing at or below
$25, but it isn't. >>
It was also surprising to hear Bear Stearns state a $60 target (has anyone been able to confirm this). I can't recall anytime I have seen a target price by a reputable brkerage on a substantial compny Of 200 percent or more of current price.
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