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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (16681)	4/17/2003 11:49:58 AM
From: Bill Harmond	Read Replies (2) of 57684

11:26 ET FMKT FreeMarkets upgraded to Strong Buy at Southwest; target $8 (5.80 +0.07) Southwest Securities upgrades to Strong Buy from Neutral based on the following reasons: lowered expectations appear reasonable, weak economy is forcing co's to adopt new sourcing strategies like online bidding, firm anticipates FMKT can add 3-5 new customers over the next couple of qtrs, and at less that 2x cash firm believes the upside potential outweighs the downside risks. Target is $8.

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