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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: lostmymoney who wrote (16613)9/15/1999 7:37:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Bo, of course do your own dd, but there's some good info on the Yahoo board (of all places)as well as on the SI thread. I think that there are two things keeping the stock within its present trading range. First, the stock is consolidating after running up about 100% over the last 12 months and there is some nervousness over the lack of third quarter earning estimates.

The stock is just about done resting and the earning estimate will come out shortly. The one analyst covering the stock recently upped his price target to $7. Earning estimates commensurate with his price target are sure to follow.

I don't expect the stock to double in a day or even a week, but I do think that we'll see the 6-7 range in a few months.

Sergio