SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : LOCK (Saf-T-Lok)
LOCK 23.990.0%Feb 16 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tekktrader who wrote (736)6/11/1998 9:46:00 AM
From: lindend  Read Replies (1) of 1039
 
Interesting article from the Florida Edition of the WSJ about LOCK and the analyst from Woodward Trading Co..

The article's main point is that investors need to be careful about analysts touting stock because essentially anyone can use PR Newswire for a $100 annual fee.

LOCK management feigned ignorance and stated that they were duped just like everyone else. The last paragraph, the CEO was asked if the $30 price target from woodward was realistic. He said no, but he expected it to reach $15 by end of year.

I believe he had the digits right, just forgot where to put the decimal point (1.5 or .15 are both attainable--IMHO).

Note: I am short on LOCK, so this isn't exactly an unbiased report.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News