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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments
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To: Mr. Pink who wrote (16233)1/25/2002 7:00:53 PM
From: Art Baeckel   of 18998
 
MTX,

13:48 ET Merrill Lynch downgrades Metris Cos (MXT) 16.87 -1.41 (-7.7%): Merrill Lynch downgrades to
Long-Term BUY from Strong Buy, after the co forecast mugh higher losses, much higher net interest margin, and lower
fee revs; key assumption is that as a result of raising interest rates on its customers at a time when rates have been
declining, customers may leave.

ART
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