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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Mike Petriv who wrote (72558)7/11/2001 5:30:53 AM
From: Bocor  Read Replies (1) of 122087
 
does ANYONE really listen to Blodget anymore????

priceline.com (PCLN) Merrill Lynch analyst Henry Blodget upgrading near-term rating to ACCUMULATE from Neutral. Cites the following reasons: 1) optimistic about company's ability to complete turnaround, 2) at 39x '02 earnings, stock trades at discount to TVLY (58x) and EXPE (84x), 3) expects strong earnings report on July 31. Holding off on issuing a Buy rating due to lack of evidence that consumer demand has recovered
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