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After 9/11, we reassessed our valuation, and since they commanded 80% of this hotter-than-ever market, we raised our target price to $12 from $5. We sold 25% blocks of our holdings at three points along the way up to $30 and then decided to hold the balance indefinitely because the growth potential was still significant.
Interdealer broker Icap, which fell back last week after a profit warning, regained some ground as the purchase of a rival had analysts reassessing their valuations of the business.
Internet stocks could continue to fall today as the market reassesses their valuations following last weeks runup.
"Earnings models are now being reassessed across all sectors and consequently valuations are tumbling.
Successful tax cert appeals often set a new valuation that stands until the parcel is reassessed.
"This underperformance reinforces our view that a dividend strategy based on CF's stable cash flow stream would lead investors to reassess the company's valuation".
They should be reassessed.
"So we reassessed Homefront.
The skipper reassessed the situation.
The markets will be reassessed in June.
Have they reassessed their lives?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com