So essentially, I have a cube that is in the game to start with. When I click, a prefab called MouseMarker is created at the location of the click. I want it so that if the MouseMarker exists, the cube looks at it. Heres the code I have to make the cube look at the MouseMarker:

var myTransform : Transform;

function Update () {

    if(GameObject.Find("MouseMarker"))
    {
       transform.LookAt(myTransform);
    // transform.Translate(Vector3(0,0,-0.5));
    }


}

And heres the code I have to create the MouseMarker:

var thePrefab : GameObject;
public var point: Vector3;

function Update(){
       if (Input.GetMouseButtonUp(0)){
         var hit: RaycastHit;
         var ray = Camera.main.ScreenPointToRay(Input.mousePosition);

         if (Physics.Raycast(ray, hit)){
          point = hit.point;

          if(GameObject.Find("MouseMarker")){
              Destroy(GameObject.Find("MouseMarker"));
              Instantiate(thePrefab, Vector3(point.x, point.y+0.5, point.z), transform.rotation);
          }else{
              Instantiate(thePrefab, Vector3(point.x, point.y+0.5, point.z), transform.rotation);
          }
        }
    }
}

I also created a code to change the name of the prefab when created, due to the fact the "(Clone)" extension was causing problems, here it is:

function Start () {

    name= "MouseMarker";
    Debug.Log("Renamed!");
}

The cube, when the MouseMarker is created, looks at x:4.3 and y:89, and z:0.0 no matter where the MouseMarker is. What am I doing wrong here?