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To: ChrisJP who wrote (6724)7/18/2001 9:01:51 AM
From: keithcray  Respond to of 208838
 
08:55 ET Bisys Group (BSYS) 61.61: Salomon Smith Barney downgrades to OUTPERFORM from Buy due to valuation; says P/E has risen to 32.3x vs nine year average of 22.5x.




08:54 ET Proxim (PROX) 10.50: USB Piper Jaffray downgrades to NEUTRAL from Buy; cites weakened balance sheet and deteriorating outlook; cuts FY01 and FY02 estimates.



To: ChrisJP who wrote (6724)7/18/2001 9:38:20 AM
From: Bald Man from Mars  Read Replies (1) | Respond to of 208838
 
so what is the fair value of Nasdaq with the rosiest picture ... 1000 ???