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Technology Stocks : DoubleClick Inc (DCLK)

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To: Neil_L who wrote (136)3/18/1998 1:12:00 PM
From: Frost Byte  Read Replies (1) of 2902
 
When @HOME went public, the banks gave it a price target of $25 when it was trading at $22...it then went to $37. Morgan Stanley even gave it a Neutral rating back then.

Goldman bought shares from DCLK for $17..they are now at $35..do you think Goldman is going to say they are a strong buy now at 35, only one month later? DCLK would be in their offices yelling and screaming.

Give me a break....DCLK is actually pretty undervalued..just wait til a firm like Robbie Stephens, a firm that knows the industry, initiates coverage.;..any internet-type valuation would put this thing over $60.
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