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Strategies & Market Trends : Guidance and Visibility

AAPL 260.36

-0.7%

3:59 PM EST

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To: nokomis who wrote (48226)	4/11/2002 8:37:45 AM
From: SusieQ1065	Read Replies (2) of 208838

08:32 ET WCOM WorldCom defended by Solly (4.77) Salomon Smith Barney's Jack Grubman believes that WCOM stock more than discounts remaining co issues; weak industry demand and the SEC inquiry will be an overhang on WCOM stock until at least 2H02, and firm ests no rev growth in Q1-Q2 and only 1.8% rev growth in 2002, which is below guidance; yet when demand recovers the co (and T) will benefit most from an improving economy and industry rationalization; further, co has no liquidity issues. Lowers price target to $10 from $12 and retains Buy rating

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