Diebold Upgraded to Buy

[Joanne98]

NEW YORK, August 11 (New Ratings) - Analyst Matt J Summerville of KeyBanc Capital Markets upgrades Diebold Incorporated (DBD.NYS) from "hold" to "buy," while raising his estimates for the company. The 12-month target price is set to $55.

http://www.newratings.com/new2/beta/article_455510.html

Reminder: Never stop attacking this company. We leave them alone for a minute and look what happens. ugh

[The Backlash Cometh]

1. Gee, I guess even Wall Street figures there's no secret here

anymore. I'm sure Diebold will be paid back handsomely once Bush is in office.

[Joanne98]

2. Diebold can't win in the long run.

this scandal is just to big. I'm surprised anybody would upgrade them. My tinfoil wonders if this is a downpayment.

[Joanne98]

3. Barnes Group. I wonder which candidate they gave money too?

Investor Relations
Analysts Coverage


Firm Analyst
Banc of America Securities Robert Stallard
BB&T Capital Markets Holden Lewis
Gabelli & Company David Siino
KeyBanc Capital Markets Matt J. Summerville
Robert W. Baird Michael W. Harris
Value Line Publishing, Inc. Erik M. Manning



Barnes Group is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding Barnes Group's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Barnes Group or its management. Barnes Group does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

[Kelvin Mace]

4. While this is helping short term

the investors are not buying it.

http://finance.yahoo.com/q/bc?s=DBD&t=1y

Diebold hit a high of $57 Nov 3rd, shortly before California lit into them. The price then started a downward trend and is now trading at $46 (it dropped under $44 in May). If you look at the volume of shares traded, the highest volume has been when the price is falling.

At $46 the stock is trading where it did in 1998. Of course, if you adjust the $46 for inflation, the stock is trading at $42 in 1998 dollars.

David Allen
Publisher, CEO, Janitor
Plan Nine Publishing
http://www.plan9.org
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