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


To: Baldwin who wrote (4737)1/11/1999 1:51:00 PM
From: Jay Rommel  Read Replies (1) | Respond to of 7342
 
I could never understand how analyst comes up with these prices.
I thought it was projected p/e x estimated eps ...

Nowadays, it doesn't work for the i-net stocks... Analyst would
say target price of $750 for .com and .com jumps 75
points in one day, 50 the next, 100 points the following day, you
guys get the idea.

Of course this concept doesn't work for a company that actually makes
profit like TLAB.

Who needs Vegas when you have the i-net stocks.