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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: vagabond who wrote (107483)5/30/2000 9:22:00 AM
From: Jerry S.  Read Replies (1) | Respond to of 108040
 
VIAD deal with Hyundai biz.yahoo.com



To: vagabond who wrote (107483)5/30/2000 9:28:00 AM
From: vagabond  Read Replies (1) | Respond to of 108040
 
ESPD gets upgrade, moving up in pre-market...
================
(REUTERS) Research Alert - Chase H&Q upgrades eSpeed <ESPD.O>
Research Alert - Chase H&Q upgrades eSpeed <ESPD.O>

NEW YORK, May 30 (Reuters) - Chase H&Q said Tuesday it
upgraded it investment opinion on shares of eSpeed Inc., an
operator of electronic commerce marketplaces, based on recent
weakness in the stock.
--Analyst Gregory Smith raised his rating on eSpeed to
"strong buy" from "buy" with a target price of $60 on the
stock.
--"The shares are down 25 percent in the past week, falling
12 percent on Friday along," Smith said in a research note. "We
attribute Friday's drop to an earnings estimate change. In our
opinion, this estimate revision does not reflect any change in
eSpeed's business momentum."
--The stock closed Friday at 23-7/8, just up from a year
low of 22 and off a high of 89-7/8.
((Wall Street Desk 212-859-1730))