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Technology Stocks : NAP: National Processing, Inc.
NAP 2.500+0.7%Dec 13 4:00 PM EST

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To: JakeStraw who wrote (47)12/12/2002 12:51:15 PM
From: JakeStraw  Read Replies (1) of 72
 
RESEARCH ALERT-Salomon raises National Processing
Thursday December 12, 12:01 pm ET
biz.yahoo.com
NEW YORK, Dec 12 (Reuters) - Salomon Smith Barney on Thursday said it raised its investment rating on shares of National Processing Co. (NYSE:NAP), which provides credit card and check processing services, citing its cheap stock price.
"We are upgrading (National) ... based on valuation, but maintain a cautious stance on the company's exposure to consumer spending," analyst Tony Wible said in a note.
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