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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: the Druid who wrote (8912)3/19/1998 9:11:00 AM
From: Keith J  Respond to of 13594
 
Confirmation from briefing:

<America Online (AOL) 63 1/2: Merrill Lynch downgrades from "accumulate" to "neutral"...>

KJ



To: the Druid who wrote (8912)3/19/1998 9:11:00 AM
From: Sam  Read Replies (1) | Respond to of 13594
 
NEW YORK, March 19 (Reuters) - Merrill Lynch said it downgraded America Online Inc to a near-term neutral from accumulate, keeping it as a long-term buy.

the analyst at Merrill was not immediately available for details.

S.



To: the Druid who wrote (8912)3/19/1998 9:12:00 AM
From: lawrence lerner  Read Replies (2) | Respond to of 13594
 
No rumor. CNBC just ran a story on Merrill's downgrade to neutral, based on price.
Down 1 1/2 pre-opening on Instinet.



To: the Druid who wrote (8912)3/19/1998 9:32:00 AM
From: Keith J  Read Replies (2) | Respond to of 13594
 
Clarification from briefing:

<09:10 ET Rating Changes: Merrill Lynch cuts near-term view on AOL to "neutral" from "accumulate," maintains long-term "buy">

KJ


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