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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Joss who wrote (7898)	11/14/1997 12:49:00 PM
From: Bonnie Bear	Read Replies (3) \| Respond to of 18056

The research alerts that get to me the most are the ones that say a brokerage has "initiated coverage". Is this like a death watch? Time to find a priest or rabbi?

To: Joss who wrote (7898)	11/14/1997 1:08:00 PM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 18056

Hi Joss, >>I remember a while back, the advice ML was giving you was sidelines and "High Quality" if I may paraphrase. How does that, in your opinion, square with: The guys from Merrill Lynch I was listening to were defining "high quality" as those companies that have not disappointed in earnings and have had solid steady growth in their business for years and "low risk". I have not gone out to ML on-line to see what this news release means on AOL, but the data I have here is they rate it as a "high risk" stock and in September they had the stock rated at a long term buy and hold short term. Do you know if ML did the convertable for them. BTW, I am short the stock. My stop right now is $86.5. I was wondering what was pushing to stock up. Thanks, Joan