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To: polarisnh who wrote (2306)9/27/2000 10:22:36 AM
From: Paul Lee  Respond to of 2346
 
RESEARCH ALERT-DLJ ups Rite Aid to market perform
NEW YORK, Sept 27 (Reuters) - Donaldson Lufkin & Jenrette analyst Ed Comeau on Wednesday said he raised his rating for No. 3 U.S. drugstore chain Rite Aid Corp. (NYSE:RAD - news) to market perform from underperform.

-- Comeau said in a research note: ``as the selloff of the shares may be approaching an end and the near-term outlook appears to be stabilising from an operational and liquidity standpoint.''

-- said he still believes the company's long-term outlook remains ``quite uncertain and the shares offer little more than a speculative call at this point.''

-- shares of Rite Aid closed at $3-1/8 on the New York Stock Exchange on Tuesday



To: polarisnh who wrote (2306)9/27/2000 6:35:43 PM
From: Harry Stein  Read Replies (1) | Respond to of 2346
 
I was thinking about Kodak. Some of his recent stocks to buy, Lu, Rad, Cd have all been significant losers. Of course he will comment on this stocks, like Rad going from $3 to $7, when he was recommending it at much higher prices. I have lost faith in his recommendations. Value investing to John appears to bottom fishing, but he has not figured out where the bottom is. It is like momentum investing in reverse, except the stocks keep going down.
Best of luck, Cd is the only JD stock I still own.