Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: patron_anejo_por_favor who wrote (236729)	4/22/2003 8:34:20 AM
From: MythMan	Read Replies (3) of 436258

>>7:04AM Capital One cut to Neutral from Buy at UBS (COF) 37.29: Although co blew out estimates, UBS is downgrading based on valuation and fundamental factors. Specifically, firm remains concerned about margin and balance sheet growth trends over the next several qtrs. In particular, believes co's margin and receivable growth will converge on industry levels. Also concerned that COO's decision to reduce his responsibility creates some uncertainty about the longevity of the company. Firm lowers 2003 est to $4.50 from $4.56 and 2004 to $5.10 from $5.30 to reflect firm's outlook for compressing margins and slower receivable growth. Target goes to $36 from $38.<< who knows which way this pos will trade today -ng-

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