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Technology Stocks : DoubleClick Inc (DCLK) -- Ignore unavailable to you. Want to Upgrade?


To: George Gotch who wrote (886)3/19/1999 11:58:00 AM
From: SteveG  Read Replies (3) | Respond to of 2902
 
As reported here, Cowen recently raised price target to $200 in a thorough and buoyant 7 pager that leaves a lot of anticipated upside room after the Q is reported (will try to post when I get caught up)

Talking with other analysts that follow with now lower targets, everyone has upside room in their models and noone was uncomfortable with current levels. We go higher - longer term core hold IMO (fwiw, I added as recently as 158)



To: George Gotch who wrote (886)3/19/1999 12:16:00 PM
From: dabadabadoo  Read Replies (2) | Respond to of 2902
 
George check my earlier posts where i asked the same question. The Greater Fool Theory (GFT) is fully in play and while an analyst can only see upside, i dare him to point out the fundamentals that justify it; they ain't there. For those that are in it certainly is a sweet ride. For anyone on the outside trying to apply rationality to explain the move it is very frustrating.
Anyway i can't afford it at any price above 120, which was oh so many days ago, so i'll just have to wait for the split. unfortunately, unless they change the split to something like 3/1 instead of the now 2/1 guess what? few people can get in at post split $100/share.