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Non-Tech : BANK ONE -- Ignore unavailable to you. Want to Upgrade?


To: Esway who wrote (181)10/20/1999 3:29:00 PM
From: Area51  Read Replies (1) | Respond to of 466
 
I like ONE here also. Sold my PNC and bought ONE.

ML has short term neutral, long term buy. Calculates fair value as mid to high 40's based on FY 2000 earnings. In the mean time the 4.6% dividend is accrued. Short term they think it may drop a few more dollars. I may add some calls around $30 if it does drop further.

Mpore detail on the Lehman upgrade: ragingbull.com