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To: 2MAR$ who wrote (72932)9/12/2002 9:59:51 AM
From: Jorj X Mckie  Read Replies (2) | Respond to of 208838
 
08:55 ET JP Morgan, Thomas Weisel downgrade select hotel names
In addition to JP Morgan's downgrade of MAR mentioned at 8:11, firm downgrades HOT, HMT, and HLT to LONG-TERM BUY from Buy and cuts 2002-03 ests due to the outlook for lower RevPAR and EBITDA growth in 2003. Separately, Thomas Weisel downgrades HLT and HOT to MKT PERFORM from Attractive and cuts Q4 ests due to heightened top line risks in 2H02 and growing concern over the sustainability and duration of the cyclical industry recovery.



To: 2MAR$ who wrote (72932)9/12/2002 10:01:30 AM
From: 2MAR$  Respond to of 208838
 
Fujitsu to cut 3000 jobs