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Politics : High Tolerance Plasticity

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To: gravity rules who wrote (13410)	4/22/2002 10:06:35 AM
From: kollmhn	Read Replies (1) of 23153

For you WCOM lovers- Merrill has a new SELL recommendation and a $2 target. Goldman just downgraded them to Market perform and notes T is no longer losing market share to WCOM and, in fact, looks to be taking some from WCOM. Plus, the very disappointing EBITDA number will make digging out from under the $30 BILLION of debt all that much harder. I'm sure Morgan Stanley will weigh in with an "avoid' rating having already downgraded the stock in Feb when it was at $8.

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