Is this called "protecting inventory"? <VBG>
To: Feraldo (245 )
From: J. Kenyon Friday, Oct 15 1999 2:39PM ET
Reply # of 249
Here's the latest broker reports:
10/14/99 Bear Stearns reiterates buy, stock sell-off creates buying opportunity
10/14/99 Brown Brothers reiterates buy ST & LT, lowered estimate and growth rate
10/14/99 First Boston reiterates strong buy, lower 3Q99 EPS, slightly maintain annual estimate, lowering target from $55 to $42
10/14/99 Prudential reiterates strong buy / select list, target $52, quarter to date comps running 12%
10/14/99 Prudential reiterates strong buy / select list, target $52, quarter to date comps running 12%
10/14/99 Salomon Smith Barney reiterates buy high, lowered target from $57 to $40
10/12/99 Brown Brothers downgrade from strong buy to buy ST and reiterates buy LT, fear of slowing comps especially October
10/11/99 Deutsche Banc Alex Brown reiterates strong buy, very attractively valued, target $51
10/11/99 Merrill Lynch reiterates buy, target $50, weakness overdone
The shares were trading in the low 20's this a.m.
<VBG>
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