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Technology Stocks : Aware, Inc. - Hot or cold IPO? -- Ignore unavailable to you. Want to Upgrade?

To: Scrapps who wrote (7933)	3/5/2000 4:34:00 PM
From: ayahuasca	Read Replies (1) \| Respond to of 9236

At this time we are maintaining our BUY rating on Aware?s shares. Although we have established a formal one-year price target of $61 per share, which is very close to the current trading level for the stock, we are maintaining our present rating pending evidence that the current price level can be sustained, at which time we intend to re-evaluate our rating and price target. this seems ridiculous to me. shouldn't a price target be based on the companys future revenue/earnings prospects? the way this reads, they might as well say "We're not sure how on earth to value a company like Aware, so we'll let the stock market tell us and then we'll tell you"