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Technology Stocks : Newbridge Networks
NN 15.07+3.8%2:21 PM EST
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To: Luc Glinas who wrote (3172)2/9/1998 9:17:00 AM
From: notredame  Read Replies (1) of 18016
 
Nesbitt continues to rate this a buy. Prior to the announcement, it was a 4-Rating with a target of $65.

After the announcement, it was a 4-Rating with a target of $35 (February 4 update).

I find that a lot of these analysts change their tune once the stock goes south (target price changes, further commentary on negatives, etc.)

It is just locked in to a paragraph with a lot of legal jargon to protect them.I think I would like to be an analyst, it looks like a very easy job. You just need a lot of PR.
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