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To: Bob Kim who wrote (109166)9/28/2000 2:35:21 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Bob,

Clearly these analysts are not keeping close tabs on the stocks they cover or they are embarassed to admit error or....



To: Bob Kim who wrote (109166)9/28/2000 4:15:10 PM
From: Eric Wells  Read Replies (1) | Respond to of 164684
 
PaineWebber had the good sense this morning to trim the price target to $15 from $125

Some of these investment institutions are incredibly astute. You have to wonder what advanced analytical and stock price forecasting analysis was employed in making this price target adjustment. And I'm amazed at the rapidity with which the analysis was done - it took PaineWebber only 1 day, just 24 hours, after PCLN's drop to complete the intense analysis and come out with a new price target (they must have had a team of people working around the clock). Truly astounding.

-Eric