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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (23276)1/9/2001 9:21:05 PM
From: Ken W  Respond to of 29382
 
Sergio:

The downgrade came from Fitch...

"After completion of review with senior mangement Fitch downgraded the companies convertible debt from BB to -bbb.

The news release came across my realtime news alerts at 12:20pm est. via the WSJ.

It very well may not affect the stock as it regards senior debt, but 8 was my target anyway.

Ken



To: Sergio H who wrote (23276)1/10/2001 1:47:38 AM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Sergio:

I know it's late, but was able to pin down the news release on OI...funny they did not put it on the site for the ticker symbol.

I had my BB's and bbb's and +B's messed up in the first post, but here is the article:

biz.yahoo.com

Ken