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Technology Stocks : America On-Line (AOL)
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To: JC Reddy who wrote (7757)3/24/1999 1:40:00 PM
From: Sam   of 41369
 
Who are these idiots Brown Brothers Harriman? How dare you downgrade AOL! :-) Dawn Simon's analysis doesn't make much sense to me. Does anyone get what she is saying?

Dawn is saying, "gee whiz - my model predicted x price point, and that is what I announced a few months ago. AOL has hit that target and then some. What to do? Say my model is flawed, or issue a short-term neutral and say all is well in the world? Of course, I have to throw in the obligatory long term accumulate - because I'm actually still bullish on the stock .... I'll come back out once things have settled and raise the target price, and look like a genius."

And that, my friend, is peering into the mind of a Street analyst!

S.
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