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Technology Stocks : Lodgenet Entertainment -- Ignore unavailable to you. Want to Upgrade?


To: Tokyo VD who wrote (17)5/22/1998 9:45:00 PM
From: Lou Cifer  Read Replies (1) | Respond to of 79
 
Thanks for your response.
I've learned that there are 2 firms following LNET;Paine Webber and Morgan Stanley,both rate the stock a buy.I talked to PW's analyst and he told me that his target is $18 for 1998 and that he doubts that
they would lose the suit.He says that if they did the stock could drop 2-3 points if the max. was awarded.
His opinion and the fact that Mr. Flynn bought 100,000 sh in March
before the court date makes me think that there's much more upside than downside in this company than people think.
I also heard that once Resnet's strategy is implemented LNET will fly.
Keep me informed,thanks