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

To: Dr. Bob who wrote (3260)	8/21/1998 10:37:00 AM
From: mmeggs	Respond to of 11568

Sounds like they love the company, but think it is fully valued at this point. This is the problem with price targets. Most analysts are accused of just bumping the price target every time the stock gets near it. On the other hand, if they don't, they've got to change the rating on it. They can't very well leave the target at $54 or whatever, and still rate it a "buy".

To: Dr. Bob who wrote (3260)	8/21/1998 1:27:00 PM
From: limtex	Read Replies (1) \| Respond to of 11568

DB I wonder what Dresdners analysts have to say about Dresdner today.....down how much percent??? a lot!!! WCOM on the other hand..... well a year end price target that they have at $56. OK and then they say revenues to increase at 14% next year and earnings at 90% in the same time span.Hmmmm 90% increase in earnings sounds pretty good to me. I wonder what PE that should attract? Regards, L