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To: pater tenebrarum who wrote (14109)3/2/2000 12:44:00 PM
From: Lucretius  Read Replies (1) | Respond to of 42523
 
don't speak too soon... a rally can begin at any time... i see NO put demand at all...



To: pater tenebrarum who wrote (14109)3/2/2000 12:45:00 PM
From: MythMan  Read Replies (5) | Respond to of 42523
 
ABN Amro analyst Jonathan Ross initiated coverage of Palm Thursday with a "buy" rating before the company even started trading, noting Palm should grab a "significant portion" of the handheld computer market, which he valued at $155 billion.
"We believe Palm could become a $50 billion company in six months," said Ross, who set a price target of $90 per share.
Other analysts were more optimistic. Jeffrey Hirschkorn, senior market analyst with IPO.com, said he believes the company could hit upwards of $300 per share Wednesday, a level that would rank the company as the second-highest first-day performer in history, behind VA Linux, which jumped 733 percent on its first day of trading last December.
"People I speak to say Palm will not go down,"
cnnfn.com