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To: Mark Konrad who wrote (48523)3/6/2001 4:37:49 PM
From: Joe Smith  Read Replies (1) | Respond to of 57584
 
Here is a great example of analyst speak:

"Cree (CREE) 26 9/16 +3 1/4: Earlier today, Banc of America Sec downgraded to BUY from STRONG BUY rating and price target of $80 based on what firm believes are early signs of a slowdown from the European market and, to a lesser degree, in Asia."

Notice that this is no longer a Strong Buy but we have a target that would be greater than a 300% return. <g>



To: Mark Konrad who wrote (48523)3/6/2001 5:06:22 PM
From: maverick61  Respond to of 57584
 
Mark - yea, I think you are right on different time frames with you and Moufassa on the QQQ's.

Sorry, but I needed my checkbook - couldn't lend it out - lol. Wanted to buy QCOM before the close but never got filled. Now trading up over a point in the afterhours and I am not chasing. Pisses me off - entered the original order right at 3:59 at market and got shunned.

On EPAY - no, I didn't buy that one - still need to do more research on it. Typically been staying away from those that have no p/e where I can - lol (always exceptions though - like CORV)