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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Big Kahuna who wrote (21116)4/21/1999 8:46:00 AM
From: Teflon  Read Replies (2) | Respond to of 74651
 
The last thing I would be worried about is Prudential issuing a "Hold" rating on MSFT.

If Goldman did this, I would be concerned. Prudential probably views this as a good opportunity to capitalize on recent weakness in the stock along with traditional selling pressure on MSFT shares post earnings release to (i) make their analysts look good, and (ii) hopefully drive the stock down a little more to get their institutional clients some more shares.

This game happens routinely. I would not let it scare you.

Teflon



To: Big Kahuna who wrote (21116)4/21/1999 9:22:00 AM
From: exhon2004  Read Replies (1) | Respond to of 74651
 
Kahuna:

re >>Microsoft Corp. (MSFT US) was downgraded to ''hold'' from ''accumulate'' by analyst Douglas J. Crook at Prudential Securities. The 12-month target price is $88.00 per share<<

That's great, their analysts name is Crook.

Regards,

Greg


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