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Politics : Ask Michael Burke

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To: John Graybill who wrote (52680)3/19/1999 8:04:00 PM
From: John Graybill  Read Replies (4) of 132070
 
Whoops, dueling analysts!

Merrill was/is long IBM, big-time!:

3/19 15:18 IBM Reiterated Near-Term 'Buy' at Merrill

Princeton, New Jersey, March 19 (Bloomberg Data) -- Intl Business Machines Corp. (IBM US) was reiterated near-term ''buy'' by analyst Steven M. Milunovich at Merrill Lynch & Co. The long-term rating is also ''buy.''

quote.bloomberg.com

LOL! Absolutely amazing! Check that time-stamp (from the main Bloomberg page.) It must have been like an EPA Hazardous Materials squad mobilizing there in Merrill Lynch HQ when they saw that IBM downgrade from Morgan Stanley become official at 2:41. Wow!
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