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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Jim Spitz who wrote (29799)6/29/2001 10:25:47 AM
From: Bob Kim  Respond to of 37746
 
jimS, You should try to get Merrill to clarify its stance on HOMS. They have a Buy rating and $35 price target on it. Based on Merrill guidelines, HOMS should be downgraded above $29.17 unless they raise their price target. BTW, a year ago at this time, the price target was $110.

There was a similar situation with GOTO a few weeks ago. It was trading at downgrade levels but, "coincidently", the downgrade didn't come until after Merrill was unsuccessful in winning the lead role in an offering.