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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Stephen who wrote (10548)4/11/1999 2:41:00 PM
From: HairBall  Respond to of 99985
 
Stephen: Finally, the lowest of the low. We now have analysts initiating coverage on internet companies and raising price targets by 50-100 points.... based upon ..... the likelihood that by raising the price the stock will actually appreciate. If that isn't the reason .... I have no idea what the analysts are actually basing their price targets on. The ultimate self-fulfilling prophecy.

Dead on...

Regards,
LG