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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Challo Jeregy who wrote (20115)	9/27/2001 9:32:04 AM
From: Challo Jeregy	Read Replies (1) \| Respond to of 52237

Lehman Brother's Dan Niles cut his earnings-per-share estimates on Dow stock IBM (IBM: news, chart, profile) for the third-quarter to 88 cents from 95 cents and 2001 EPS to $4.40 from $4.50 and 2002 to $4.95 from $5.00. Niles said the tragedy of the terrorist attacks on the U.S. accelerated already worsening trends and said he remains negative on the computer hardware space in general until the macro situation stabilizes. On Wednesday, Goldman Sachs and Merrill Lynch moved to lower earnings estimates on IBM, sending the stock down 3.3 percent. marketwatch.com