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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Michael Bakunin who wrote (75516)2/10/2000 1:14:00 PM
From: Michael Bakunin  Respond to of 132070
 
Speaking of things you don't hear every day, here's a shocker: a sell (!!) rating by an analyst. Per briefing.com:
"Chase Manhattan (CMB) 82 3/8 -1/2: --Update-- CSFB reiterates
their SELL rating after a presentation from the company on its
venture capital unit, Chase Capital Partners (roughly 1/10 th of
the firm). New focus introduces a higher degree of risk as Chase
recently eliminated internal limits for the venture capital
business. Other Chase businesses, such as consumer and
processing, are showing weakness at a time when so much
additional emphasis is placed on venture capital."
Eliminated VC limits? Whew! -mb