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Crosstex Energy, AŞ Message Board

  • rrb1981 rrb1981 Nov 29, 2005 1:20 PM Flag

    Lehman upgrade(plagarism?)

    Not to brag, but it looks like Lehman Brothers analysts just copied my posts off the message board and released them as a analysts report. Some of the really specific things I mentioned here on the board ended up in the latest report. Not making any accusations, but the Yorktown chart looks as if it is verbatim from my post...oh well, maybe I should ask for a royalty from them...

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    • For what its worth, Lehman has upgraded XTXI to $85/share and feels it could go higher after Yorktown unloads most of their shares. They mentioned that XTXI was being valued on its yield rather than the massive growth that is about to take place over the next 18 months due to the Barnett Shale pipeline and the recent El Paso acquisition as well as the LIG projects.

    • The Lehman report is hilarious. For starters the headline is "hidden Gem". These are some quotes:

      "...we had the most difficulties calculating XTXI's price target and explaining the wide gap relative to its current stock price level. Specifically, we are somewhat dismayed with XTXI's cheap valuation despite the high level of visibility into strong growth prospects..."

      He's on the right track anyway. Let's hope this doesn't ruin any buying opportunities down the road when Yorktown distributes again.