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To: levy who wrote (25480)3/4/2001 8:09:42 PM
From: Bob Kim  Read Replies (1) | Respond to of 28311
 
levy, re: Strong Buy/ D Ratiing?

ML does not have a "Strong Buy" rating, but it does have a "D" risk rating. You might think that a front page NY Times story might have had some proper fact-checking.

IMO, ML risk ratings are essentially meaningless. I would bet that most people at ML, including the spokespersons, would have a hard time explaining the background, purpose, and implementation of the risk rating. Personally, I do not believe they should draw attention to the risk rating.