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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Bocor who wrote (46593)1/18/2002 5:37:35 AM
From: stockman_scott  Read Replies (1) of 65232
 
Morgan Stanley and their flip-flops on RBAK...
__________________________________________
Morgan Stanley on January 2:

"outperform" and "modestly positive" on 39-40 million expected revenue

biz.yahoo.com

Morgan Stanley on January 16:

"to neutral from outperform" and lowered future expectations on 40.2 million revenue

biz.yahoo.com

Some pretty shabby stuff here!...Then again I'm not surprised...these ANALysts are great at speaking out of both sides of their mouths. IMO, Morgan Stanley wants more cheap shares. I sure don't trust what they say though. They have about as much credibility as that big energy company from Houston...=)
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