So you do think it is a mistake for Joanna to sell @ 57?
And what price target do you have for this stock in the 6, 12, and 18 month target, AT?!?!?! (Yes, I will assume splits and all that...) Better yet, let's get a consensus here on the net...
6, 12, and 18 month predictions (assuming no mergers or really bad stuff happening) What are your price targets?
BTW: Since it's Dec and my likelihood of finding and closing a deal on a house is not favorable by Dec 31st 1998, I have been strongly advised by my tax consultant NOT to sell 'til Jan 1, 1999 (unless something really bad happens!!!) So the $57 price target is not the only factor in the picture. I just pray and hope that NETA continues to be in a growth pattern and the interest rates for home lending either stays stable or goes down...
$85 target, eh? I supposed it can happen given the market stays as bullish as it has...and Billy Boy doesn't do anything TOO stupid. (Which he hasn't...SO FAR!!!) :-)
Let's see now:
NETA goes up to $60-65 (hypothetically...) the stock splits 3-for-2 (as it has every year!!!), so it will go back to $40 and it goes back to $56-57 this time next year (note: I assume $85 pre-split!!!)
Yeah, I think it can happen in 12 months w/no new acquisitions and 18 months w/one small acquisition. But I'm being optimistic here... :-)
Cheers,
Joanna |
