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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: TraderXx who wrote (39822)3/11/2002 2:36:59 PM
From: Softechie  Respond to of 99280
 
Sanford C. Bernstein downgrades IBM to market perform from
outperform, saying there's unlikely to be much upside in Big Blue's stock over
the next 1 to 3 quarters. Analyst Toni Sacconaghi says its global services unit
will be weaker than most investors expect, its valuation isn't cheap, and the
debate about its EPS growth outpacing revenue growth will continue - even after
IBM releases it 10-K later today. IBM down $1.01 to $104.08. (MLP)