USRX Message Board - Msg: 878037

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Technology Stocks : USRX

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To: Hayden who wrote (13135)	2/25/1997 4:50:00 AM
From: Dwight E. Karlsen	of 18024

Thanks, Hayden. Nesbitt Burns is really showing how ignorant they are here: They maintained a "Strong Buy" while the price slid steadily since Christmas from approx $75 down to $56. That's a 25% drop. Today USRX ships x2 modems, giving analysts a clear idea of the possible earnings picture (see DLJ quotes today re earnings for Q end 6-30-97.) So today NB changes their buy rating from Strong Buy to Moderate Buy, and issues across-the-board earnings down-grades for the next 3 qtrs. Nesbitt Burns must really want badly to get in long (decreased estimates, "sink the stock" tactic) to show publicly how worthless their recommendation ratings are. DK

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