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Technology Stocks : EDS - Recent pullback a buy opportunity???

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To: Ditchdigger who wrote (1813)11/29/2002 10:36:17 AM
From: kodiak_bull  Read Replies (2) of 1841
 
Ditch,

Look at SOSA fly; I guess I won't be getting my $1.16 shares this month!

EDS still has a good looking chart but I half-heard a negative squib on them on Bloomberg TV, and I found it in the News:

<<Electronic Data Systems (EDS / NYSE)
Warburg Dillon Read
Further downgrades could also put EDS within one notch of incurring additional cash obligations of about $170M, which combined with potential restrictions on the company's access to the CP market would heighten our concerns regarding EDS' liquidity. Maintain Hold rating. >>

The stock doesn't seem to be paying any attention today.

Kb
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