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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?


To: StormRider who wrote (13429)10/21/2002 2:50:37 PM
From: Gottfried  Read Replies (1) | Respond to of 14638
 
SR, thanks. BTW, it doesn't take much for a stock price to improve. Sometimes an upgrade to neutral will do it.

10:53 am PT Xerox Corp upgraded at Merrill Lynch (XRX) 6.71 +0.77: -- Update -- Merrill Lynch upgrades to NEUTRAL from Sell following the co's announcement of a financing agreement with GE Capital (12:16); firm believes the financing deal will alleviate overhang on the stock from near-term funding concerns and allow the co to utilize the run off from its existing $9 bln finance receivables portfolio to pay back debt.

Gottfried