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To: Olu Emuleomo who wrote (82010)10/27/1999 12:42:00 PM
From: Bob Kim  Respond to of 164684
 
Olu, At ML, a Reduce is supposed to suggest 10-20% downside and a Sell 20% or greater downside. But many of their Buy ratings suggest the same thing. <g>



To: Olu Emuleomo who wrote (82010)10/27/1999 6:15:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
A 'reduce' is not a sell. It's like this. Suppose you had 500 shares of AMZN and your target was 100, you would start
'reducing' @ say 90 and @ 95. At 100, you blast out the whole shooting works.
(You reduced at 90 and 95 because the stock mkt is unpredictable!!! :-))

Olu,

Thank you. I was not aware of its meaning.

Glenn


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