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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Bob Kim who wrote (19531)9/10/1999 8:48:00 AM
From: Marvin Mansky  Read Replies (2) | Respond to of 64865
 
Don't take the ML target prices literally they are just a rough estimate of projected earnings multiplied by a reasonable P/E ratio. In SUNW's example S. Milunovich feels $103 per share is reasonable based on $1.87 per share and a P/E of 55



To: Bob Kim who wrote (19531)9/10/1999 1:12:00 PM
From: JC Jaros  Read Replies (1) | Respond to of 64865
 
BTW, many firms avoid the use of explicit targets.

And I can see why! :)

It looks like they use this price target thing within a brokerage house to score the various analysts recommendations against each other.

Listen, I know a couple of people at Fair Isaac. I'm going to see if they can come up with a quick and dirty scoring system for analysts. THEN we'll have something. :)

-JCJ