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Technology Stocks : INSS - International Network Services -- Ignore unavailable to you. Want to Upgrade?


To: joemjo who wrote (247)12/15/1997 10:25:00 PM
From: joemjo  Read Replies (1) | Respond to of 446
 
To Anyone,

INSS's home page indicates that they will be at Morgan Stanley's conference January 5-7. Morgan Stanley is the firm which downgraded them from a buy to a hold back in July when they were at 28. My understanding was it was based on having met their (Morgan's) price target. I would like to believe that Morgan may upgrade back to a buy again based on price (now 17). They made a good call or created a self fullfilling prophecy, either way I would like to see them back with a higher opinion. Can anyone confirm that Morgan still has a price target close to 30, or what they said when they downgraded, or what they have said recently.
It is not that I am hung-up on Morgan Stanley's opinion but just that I would like confirmation that they are attractively priced currently.

Todd



To: joemjo who wrote (247)12/16/1997 6:34:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 446
 
The stock moved up nicely today too. Maybe momentum will continue to get us to the upper twenties.

Glenn