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

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To: bcroyle who wrote (1281)12/16/1998 1:14:00 PM
From: Daniel G. DeBusschere  Read Replies (1) of 1841
 
From the Bull Market Report -
UPGRADES AND DOWNGRADES DEPARTMENT

$$$ EDS was upped to a buy by JP Morgan, and Lehman Brothers and
Solomon Smith Barney went to outperform.

COMMENT: Two pieces of news here: They got a new CEO and Chairman,
in Richard Brown and the Street thinks that he can turn things around.
And then they look like they are cutting a deal with MCI WorldCom to
take over their entire computer operation in a JV type of deal. Great
news for both firms. EDS is one of the finest firms in the world and
we all know about MCI WorldCom. This is called win-win!
***********************************
What a change in outlook!!
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