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Gold/Mining/Energy : Mirant Corporation (MIR)
MIR 25.97+7.0%Jan 9 9:30 AM EST

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To: Alex Chilton who started this subject2/1/2002 9:11:17 AM
From: Oeconomicus  Read Replies (1) of 903
 
Quick! Somebody shut the barn door - the cows are gone!

Briefing.com, 2/1
8:16AM Mirant downgraded by DBAB (MIR) 10.01: DB Alex. Brown downgrades to MKT PERFORM from Buy,based on the business and financial impact of the Moody's split credit rating as well as a lower short-term fundamental energy outlook; lowers 2002 est to $1.60 from $2.00, at the lower end of co's revised guidance.

Alex. must need some revenues - translation of above: "time to play on their fear and churn the old folk's accounts."

Sell now! I want some more under $9. ;-)

Bob
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