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Message from discussion "$120 in three years!"
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thegoodfel...@gmail.com  
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 More options Jan 3 2008, 8:53 pm
From: TheGoodFel...@gmail.com
Date: Thu, 3 Jan 2008 17:53:51 -0800 (PST)
Local: Thurs, Jan 3 2008 8:53 pm
Subject: Re: "$120 in three years!"
The 2nd biggest retailer in this country has a $47 Billion REAL ESTATE
portfolio.  This is equal to its current company value.  REITs or any
real estate positions have been suffering and will continue to suffer
in the months and couple years ahead.

The credit card sale is not happening soon because potential buyers
such as big banks are unwilling to make deals due to the ongoing
credit crunch.

Target's share buyback program has halted because of:  weak consumer
spending, weak holiday sales, home furnishing/apparel (Target's main
revenue driver) down and decreasing along, and an earnings revision.

Ackman who sees target going to $120 is desperate because his current
value with his Target investment is decreasing...not to mention he is
a Hedge Fund manager, so he will purposely manipulate a company's
current condition to accommodate his positions, hence his huge bias.
This is a classic attempt to foment Target's stock.


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