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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (45337)	12/18/2001 7:14:49 PM
From: Sully-	Read Replies (1) of 65232

OK RR. I see what you are trying to say. Appreciate your thoughts. More bad news................ 19:09 ET Moody's Downgrades : As reported by Reuters, Moody's Investors Service downgrades its credit rating on Delta Air Lines (DAL 29.52 +0.06) and American Airlines parent company AMR Corp. (AMR 22.50 unch), citing poor industry outlook after Sept. 11 attacks. DAL and AMR were already rated as junk, but DAL is now in the middle of those rankings, while AMR is at the top of speculative grade debt category.

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