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To: rupert1 who wrote (50324)2/27/1999 3:45:00 PM
From: JRI  Respond to of 97611
 
Hi Victor! "Another case of Wall Street's lunacy"...

Did you see on Friday where First Albany downgraded PSQL from a buy to a hold (resulting in an 18% or so drop in one day), WITH A 12 MO. PRICE TARGET OF $17!

For the uninitiated, PSQL currently sells at 7 1/8...so First Albany has downgraded the stock, yet maintains it's target that it will appreciate 139% this year...

Gosh, I wonder what would be considered a strong buy (then)...



To: rupert1 who wrote (50324)2/27/1999 8:11:00 PM
From: Mao II  Read Replies (1) | Respond to of 97611
 
victor: "...There was massive manipulation of the copper market by some Japanese brokers."
I recall that through the rising mnemonic haze. My interest now derives from a broader interest in looking at deep cyclicals and trying to determine if any are at or near bottoms and if any have prospects over the next 12 to 18 months. Copper prices have shown some glimmers, so to speak, lately. Paper is possible. M2


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