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Strategies & Market Trends : HOT STOCKS 100% 200% 300% profits possible short term

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To: Tomstocks who wrote (1854)6/2/1999 11:55:00 AM
From: Bruce Cullen  Read Replies (1) of 2038
 
Wednesday June 2, 11:10 am Eastern Time
RESEARCH ALERT-Primus raised to strong buy
NEW YORK, June 2 (Reuters) - BT Alex. Brown on Wednesday said it raised its rating on Primus Telecommunications Group Inc. to strong buy from buy.

-- no other details immediately available.

-- On Monday AT&T Canada Corp. entered into a deal to sell the residential side of its long-distance operation to Primus in a deal valued at C$57 million. The deal will give PRIMUS an additional 650,000 voice customers and 50,000 Internet/data customers in Ontario and eastern Canada.

-- Primus shares were up 9/16 to 18 on Wednesday morning.
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