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Technology Stocks : LSI Corporation

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To: uu who wrote (18027)4/14/1999 4:31:00 PM
From: sea_biscuit  Read Replies (3) of 25814
 

I have always wondered what happens when the target price is met! Does that mean the analysts who set that target will start telling their customers to sell, pack the bag and go home?

The analysts would be telling their customers to lighten up RIGHT NOW! -- the same privileged "big shot" customers to whom they had recommended the stock when it was in the low teens...

And if so to whom will they be selling if everyone had set a target price of $50/shr!

Well, they are selling it RIGHT NOW, to every wide-eyed "little guy" investor who thinks this is a sure thing now and who has his sights set on a quick run to $50, $60, $70 and beyond! <G>
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