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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: kendall harmon who wrote (54522)	8/4/1999 10:14:00 AM
From: kha vu	Read Replies (2) \| Respond to of 120523

NEWS: Credit Suisse First Boston upgraded DeVry Inc. (DV) to "Buy" from "Hold" citing strong 2Q earnings. Salomon Smith Barney upgraded the Limited (LTD) to "Buy" from "Outperform" after the company announced 2Q99 EPS will surpass consensus estimates. Jefferies & Company, Inc. upgraded worldwide drilling contractor Parker Drilling Co. (PKD) to "Buy" from "Hold" as the company is resolving near-term liquidity concerns. Warburg Dillon Read upgraded pharmaceutical company Ivax Corporation (IVX) to "Buy" based on strengthening fundamentals and strong earnings for the past 3 quarters. Merrill Lynch downgraded CVS Corp. (CVS) to "Accumulate" from "Long Term Buy" based on concerns surrounding the company's Internet launch. ML also cut its intermediate-term rating on Stewart Enterprises (STEI) to "Accumulate" from "Buy" citing a likely earnings shortfall in the next year. Deutsche Banc Alex Brown lowered its rating on Pediatrix Medical Group Inc. (PDX) to "Market Perform" from "Buy" based on declining sales.