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Non-Tech : BBY -Best Buy

BBY 77.66

-0.6%

Nov 11 3:59 PM EST

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To: Jim B who wrote (834)	12/14/1999 10:53:00 AM
From: Platter	Read Replies (2) of 980

Jim, see item From Briefing.com...10:13 ET Best Buy (BBY) 48 13/16 -2 3/4: Company trading down after missing earnings this morning. In an intraday note, Merrill Lynch reduces FY00 EPS estimate to $1.62 from $1.65, but says that this reduction reflects an accounting change, not a change in fundamentals. Merrill notes that most of BBY's sales come in Q4 and that the indication of an imminent announcement regarding an ISP alliance is a "highly positive" development for BBY. --------------------------------------------------------------------------------

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