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Technology Stocks : IRID - Iridium World Communications IPO Announced! -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Scientist who wrote (1766)5/6/1999 11:28:00 AM
From: Moominoid  Respond to of 2693
 
I stuck the Lehman earnings forecasts into my simple valuation model and came up with a current price of $26 which is pretty close to their $30 target so that makes sense to me if they're right about earnings (a supermassive if of course). My TA analysis has a target of 25-26 as well.

David