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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (14544)	10/25/2002 7:28:20 AM
From: Slumdog	Read Replies (2) \| Respond to of 57684

ERTS............ Prior to the results, three out of some 21 analysts who have ratings on the stock downgraded shares. Goldman Sachs went to a "hold" rating, while Merrill Lynch went to a "neutral." "We are downgrading the stock despite knowing full well that they are outperforming the market and that we believe will likely beat estimates in September," said Goldman Sachs analyst Chris DeBiase, in a note to clients earlier this week. "Our concern here is valuation and longer-term growth prospects, as we have stated recently," he added. cbs.marketwatch.com