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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (13442)	10/14/1999 11:38:00 AM
From: KevinThompson	Read Replies (1) of 57584

This is very strange. Usually anal-ysts upgrade a stock after a 10% earnings up-surprise (40c/shr vs consensus of 36c). And usually, we witness a selloff after such a report. Well, the selloff was certainly there, but today was unusual. After the earnings up-surprise, Paine Webber downgraded the stock from attractive to neutral - WHY? That is the question! Seems like the perfect time to buy such a stock - when nobody wants it! Thank you Paine Webber. This seems very unusual behavior for an anal-yst. KT

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