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Technology Stocks : iBasis, Inc.

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To: Luce Wildebeest who wrote (118)	4/27/2001 1:11:17 PM
From: Jim Oravetz	Read Replies (1) of 211

IBasis Inc. Cut to 'Accumulate' at First Analysis 4/27/01 8:59 AM Source:Bloomberg News Princeton, New Jersey, April 27 (Bloomberg Data) -- IBasis Inc. (IBAS US) was downgraded to ''accumulate'' from ''strong buy'' by analyst Brian Boyer at First Analysis Corp. Dain Rauscher Wessels downgrades IBAS to Neutral Covering Brokers First Analysis Securities Corporation Hoak Securities Corporation Kaufman Brothers, L.P. Robertson Stephens Suntrust Equitable Securities US Bancorp Piper Jaffrey quicken.com Maybe the -25% suprise in EPS (-0.55 est vs. -0.69 real) for the Q FWIW, volume is not that heavy. At 1pm the volume was 367K vs. 566K avg. volume.

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