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Strategies & Market Trends : Take the Money and Run

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To: J.B.C. who wrote (4772)6/21/2002 8:15:52 AM
From: SusieQ1065  Read Replies (1) of 17639
 
08:14 ET JP Morgan cuts estimates for enterprise infrastructure software co's
JP Morgan cuts ests for enterprise infrastructure software stocks in advance of the June qtr reports; negative trends remain consistent: flat-to-down IT budgets, slowing of new application projects, just-in-time buying, a slow economic backdrop domestically spreading overseas, and geopolitical issues; trims MSFT 2003 ests and substantially cuts 2002 and/or 2003 ests for NTIQ, VRTS, MERQ, QSFT, EMBT, RATL, and CTXS.
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