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Technology Stocks : Manugistics, Inc. (MANU) -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (790)6/16/1998 5:58:00 PM
From: Shege Dambanza  Read Replies (1) | Respond to of 1670
 
I think you're working on the assumption these analysts know something. I've met few that really understand the business they follow, and believe me, I've been exposed to a fair number of idiots.

Where is Ed these days, any way? Anyone know?



To: Lizzie Tudor who wrote (790)6/16/1998 9:19:00 PM
From: Rashley  Read Replies (2) | Respond to of 1670
 
CS First Boston initiates coverage of Manu with a hold and 12 mos target of 24.

So CSB says, "If you already own it, hold on baby 'cause this could move almost %5 in the next year!!". <g>

Can you imagine a CEO of a company that acted like that, refusing to take a real stand...

I was looking at the insider transactions at MANU courtesy of Yahoo. Someone correct me if I'm wrong, but it looks like William Gibson sold about 45,000 shares and exercised 200,000 options with the proceeds. This was done at prices between 56 and 63 in the first week of April. That's a pretty big bet to make and it turned out to be totally wrong. I don't know what the option price was, but it looks like the 1Q was a blindside to him too.

RA



To: Lizzie Tudor who wrote (790)6/17/1998 12:53:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 1670
 
Wow! Its getting pretty close to the CFB 12-month target of 24 (currently 23 3/4). Maybe it was actually a 1.2 day target for manu, there were some typos that excluded the decimal point and erroneously represented day as "month". This guy is really good.