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Non-Tech : Ingram Micro

IM 38.89

0.0%

Dec 13 4:00 PM EST

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To: Reseller who wrote (524)	2/18/2000 3:14:00 PM
From: David O'Berry	Read Replies (2) of 576

That is very good info. I wish they had been real clear about that to analysts. YIPE. YIPE. YIPE. (David runs away with tail between his legs like a beaten dog.) Between this and the Novell disaster, today has been less than perky in my larger stocks. The little ones are the ones making the gains today. They are of course subdued from earlier levels for sure based on this nasty market but overall not that bad. Anyway, what was the deal with the Senior note downgrade to bbb- from bbb+. They were on a watch list but you would have thought with the debt alleviated in the quarter that they would have been moved up not down. It referenced the margin thing as well. David

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