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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ1065 who wrote (76037)	10/3/2002 8:37:59 AM
From: Bob Biersack	Respond to of 208838

7:52AM Merrill Lynch cuts estimates and downgrades select storage stocks : Merrill Lynch lowers their weighting on the storage sector to Neutral, as the fundamentals of the storage sector are not improving as expected and investors are not willing to wait; cuts 2003 rev ests and downgrades BRCD, ELX, and NTAP to Neutral from Buy, and cuts QLGC's 2003 rev est and maintains Neutral rating.