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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 683.21

+0.2%

Jan 2 4:00 PM EST

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To: Johnny Canuck who wrote (35660)	12/27/2001 3:17:10 PM
From: Johnny Canuck	Read Replies (1) of 69423

Wachovia Securities on Radio : --Before Open-- Wachovia Securities reiterates Strong Buy ratings for CCU and LAMR (price targets of $60 and $46, respectively); retains Buy ratings for EMMS (price target $23), SGA (price target $23), CXR (price target $27), and ROIA/ROIAK (price target $20/$19, respectively). Based on analysis of data, firm believes that January's industry revs should be substantially higher than expected, possibly pushing radio into positive for first time since November 2000. Analyst sees January pacings flat to a possible positive surprise in several top ten markets, a dramatic shift from prior months when most markets were pacing down.

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