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Technology Stocks : Winstar Comm. (WCII)

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To: pkwknk who wrote (3450)1/15/1998 7:41:00 PM
From: Steven Bowen  Read Replies (3) of 12468
 
Question: I was just looking at Reagans report of Oct 20 when he initiated coverage of WinStar (then at 24) with a 12 to 18 month target of 32. He only rated them at the time as "outperform". Does anybody remember him raising his rating in the meantime to "buy"? I can't imagine in this time frame he upgraded to buy but didn't up his price target. Doesn't really look like a downgrade to me. He started them at a outperform, and has them now at a outperform. If anything, he may have done a little flip flop in between on a little price wiggle. Does anybody remember?
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