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To: eddie r gammon who wrote (11738)	11/23/1998 12:00:00 PM
From: MythMan	Read Replies (3) \| Respond to of 86076

Note the last line..... Monday November 23, 11:38 am Eastern Time RESEARCH ALERT - Xerox cut to neutral NEW YORK, Nov 23 (Reuters) - First Albany said Monday it cut Xerox Corp (NYSE:XRX - news) to a neutral from a buy rating. -- First Albany considers the company's price appreciation to be unsustainable on a near-term basis. -- The company has reversed many negative effects that worldwide financial problems have had on Xerox. An IMF aid package, which has helped to turn-around the financial problems in Brazil, has helped Xerox's price recovery in stocks. -- The company has also a good fundamental operating momentum, based on the shift to digital technology and an aggressive cost-cutting program, according to the report. Despite recent positive developments, revenues showed less growth than expected. -- Shares were up 2-1/2 at 108-13/16.