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Technology Stocks : RAZF--Razorfish...Will this little fishy be a good catch?? -- Ignore unavailable to you. Want to Upgrade?


To: Kelvin Taylor who wrote (194)3/28/2000 1:39:00 AM
From: brk  Respond to of 258
 
"Now I'm going to hold until we reach one of these short-term price targets." which is?

Mine was 35...but I'm still holding half with a stop @ 31.5 in hopes of some more up side... Cost basis of 31
(greed always keeps me from maximizing profit)

Disclaimer: I love to fish. :-)



To: Kelvin Taylor who wrote (194)3/28/2000 5:10:00 PM
From: Shane Huang, Senior Analyst  Read Replies (1) | Respond to of 258
 
Good question, Kevin. I apologize for my late response. I thought I remembered some analyst price targets in recent news items regarding RAZF, but when I skimmed through them, I couldn't find what I remembered. Sorry.

I do know that that Deutsche Bank/Alex Brown say $70, but that may be an end-of-year target -- not really short term. I thought I remembered short term targets of $55-$60, but I couldn't find where I read those.

My personal opinion (and hope) is that RAZF will get up to (at least) $42 some time next month. I also think that it will be a volatile road for the rest of the year, more up than down, but still good for trading.

I, like brk, tend to let my greed keep me from maximizing profit. In this case, though, I will try to hold until I see $42 (or just under that).

Oh, and Digitom, if I do get the opportunity to buy RAZF again under $30, I will take advantage. Thanks for the tip on PXCM.

-Shane