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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: David Lawrence who wrote (20533)3/27/2000 3:38:00 PM
From: Scrapps  Read Replies (1) | Respond to of 22053
 
A weak moment....

No....it actually was a week moment by the time Jeffery caught on. I say that now since the statute of limitations has run out. <VVBG>



To: David Lawrence who wrote (20533)3/27/2000 9:16:00 PM
From: Moonray  Respond to of 22053
 
No IBM blues after Morgan upgrade
Also: Nike takes a run; analysts look into Palm's future

Analysts call Palm a hands down winner

A flurry of sell-siders looked into the future of Palm Inc. (PALM: news, msgs) as the
manufacturer of hand held computer devices came out of the quiet period following its recent
initial public offering and liked what they saw.

Robertson Stephens came out with a "buy" rating and $80 price target, Morgan Stanley Dean
Witter with an "outperform" recommendation and $75 target and Merrill Lynch with an
"intermediate-term accumulate, long-term buy" and $65 12-18 month price objective.

Giving her "Palm reading" on the stock, Morgan Stanley's Gillian Munson said she saw a
bright future for the company, noting that she thought the company was well positioned to
expand beyond devices expecting software licensing and Internet services businesses to
become a larger percentage of sales in the future.

Investors apparently did their own reading into the
recommendations as Palm shares dropped 1 5/8 to 55 3/8,
despite the positive comments. All three firms acted as
underwriters in Palm's March 2 IPO.


They weren't first to the punch, however. On the morning of the IPO, before the shares even
began trading, ABN Amro came out with a "buy" recommendation and $90 price target for
Palm shares. See archived Ratings Game ABN Amro did not participate in the Palm

cbs.marketwatch.com

o~~~ O