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To: Earlie who wrote (68312)2/16/2001 7:05:06 AM
From: Wyätt Gwyön  Read Replies (3) | Respond to of 436258
 
honesty makes a comeback:
Prudential Securities is bucking an informal tradition on Wall Street. Since October, it has taken the rare step of issuing "sell" recommendations on stocks, including Amazon.com's on Thursday.
In December, Prudential Securities drastically scaled down its investment banking division, and last month its chairman and chief executive, John Strangfeld, told research analysts they were free to issue tougher ratings. He said Prudential analysts should not issue "hold" ratings -- typically Wall Street's most negative stock rating -- when a "sell" was warranted.
interactive.wsj.com



To: Earlie who wrote (68312)2/16/2001 8:23:00 AM
From: Lee Lichterman III  Respond to of 436258
 
Thanks. Well the railway stocks are still flying high. Maybe there is a short in there somewhere. I tried UNP and KSU this week but covered yesterday. Might go longer term on them later with far out puts.

Good Luck,

Lee


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