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To: Daniel G. DeBusschere who wrote (7671)10/25/2000 9:55:55 PM
From: Dave Gore  Respond to of 14638
 
True, by the way. One of the all-time "Analyst Rating Disasters": Priceline

Remember Goldman Sachs giving Priceline a rating of a BUY with a $120 target?

Or how about Robertson Stephens giving it a Strong Buy rating when the stock was already at $134! LOL!

05-May-99
10:27 ET
priceline.com Inc. (PCLN) 134 13/16 +13/16 (+1%): BB Robertson Stephens upgrades issue from "buy" to a " strong buy"
based on higher than expected Q1 revenues and consumer recognition. Intraday support $134.

23-Apr-99 14:34 ET
priceline.com Inc (PCLN) 90 1/2 14 1/8 (+19%) --Update-- According to sources who have read the Goldman Sachs
report, firm plans to start coverage with a "recommended list buy" and a 6-12 month price target of $120.



To: Daniel G. DeBusschere who wrote (7671)10/25/2000 10:14:12 PM
From: Z268  Read Replies (2) | Respond to of 14638
 
"123,853,000 shares cannot all be sold by the little guys. With such huge institutional holdings, some bigger guys
and gals have to be included. It is safer to say that the misinformed and misguided get hurt by selling at the wrong
time. I think this is one of those times."

Does this mean there are multiple camps out there amongst the "big boys", duking it out like the guys on WWF? Wonder which one of them is called "Sting"?


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