Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (12866)	8/21/2001 9:20:37 AM
From: Paul A	Read Replies (1) \| Respond to of 19633

Hey- speaking of gurus, what ever happened to Anthony Elgindy?

To: Dale Baker who wrote (12866)	8/21/2001 9:44:58 AM
From: Tom Hua	Respond to of 19633

Dale, speaking of self serving analysts, a few months ago Needham downgraded EXTR 3 times when stock was in the mid 30s with a target of 22. Today the same firm upgraded it with a target of $26. Translation: they were short then and are long now. Simple as that. 09:12 ET Extreme Networks (EXTR) 16.50: Needham upgrades to STRONG BUY from Hold with a $26 target price; feels that it has made sufficient allowance for risks of pricing pressure, reduced Asian demand, and inventory issues; with price target unchanged and current price dramatically lower, now sees more than 50% upside. Regards, Tom