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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: orkrious who wrote (197770)10/16/2002 7:44:48 AM
From: orkrious  Read Replies (3) of 436258
 
07:37 ET COF Capital One downgraded at Wachovia (34.64)
Wachovia downgrades to SELL from Hold due to a significant deterioration in COF's fundamentals; although co beat ests last night by a wide margin, firm says it was difficult to discern the core earnings power of the co; in addition, firm says mgmt sounded confused on their conference call and failed to provide a credible explanation for why loan growth is going to slow
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