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To: Glenn D. Rudolph who wrote (109149)9/28/2000 2:17:12 PM
From: Bob Kim  Read Replies (2) | Respond to of 164684
 
Glenn, What do you think of this blurb from TheStreet.com?

"Mea culpa. Is it necessary to explain that, sometimes analysts, once assigning a price target to a company, tend not to update that price target terribly often? After priceline.com (PCLN:Nasdaq - news) issued an earnings warning yesterday and saw its stock plummet from $18.64 to $10.75, PaineWebber had the good sense this morning to trim the price target to $15 from $125, a target the company hasn't been in striking distance of since mid-March."