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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 493.80

-2.7%

Nov 18 3:59 PM EST

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To: Connor26 who wrote (16483)	4/25/2002 7:51:14 AM
From: Connor26	Read Replies (1) of 26752

07:24 ET InVision Tech downgraded at Merrill Lynch (INVN) 27.44: Merrill Lynch downgrades to Near-Term NEUTRAL from Buy after the TSA announced they would buy only 1100 EDS machines (see yesterday's 3:51 comment); lowers 2003 est to $2.25 from $3.25 and 2004 to $2.40 from $2.60; believes the stock could trade in the mid-up $20s pending better visibility into 2003-04 demand.

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