>So did you miss Goldman Sachs putting the stock on its US recommended list today? They rolled out a $2.77 est for FYJAN2000 and a $3.35 estimate for FYJan 2001. They essentially said they would expect the company to smoke the estimates and that it should trade at a premium to the growth rate.
>I don't know if they groveled enough to get any future banking work but I won't argue.
oh, yeah. i missed it like a randy johnson split finger.
thanks for the lead. i expect tim luke won't be far behind too. his price target set on jan 4 was $85. btw, might those GS estimates you cite be for FY99 and FY00 (vice FY00 and FY01)? skywalker has $2.77 and $3.32, respectively, on the former.
not that either of us really believe these two mr. magoo's can see more than a quarter ahead anyway.
I'llbekampai'ingafteribustmy10-baggercherryifyougimmejust6morepoints!
sorry.
indeed, not such a feat anymore with these cyberstocks,
-chris.
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Comverse Technology Rated New 'Recommend List' at Goldman Sachs
Bloomberg News
January 20, 1999, 6:52 p.m. PT
Princeton, New Jersey, Jan. 20 (Bloomberg Data) -- Comverse Technology Inc. (CMVT US) was rated ''recommend list'' in new coverage by analysts Elan Zivotofsky and Mary Henry at Goldman, Sachs & Co. The 12-month target price is $92.00 per share. |
