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Technology Stocks : Pixar Animation -- Ignore unavailable to you. Want to Upgrade?


To: Linda Kaplan who wrote (1920)12/7/1998 11:26:00 AM
From: tcd  Read Replies (1) | Respond to of 3261
 
H & Q downgrade just now

biz.yahoo.com



To: Linda Kaplan who wrote (1920)12/7/1998 11:35:00 AM
From: Linda Kaplan  Respond to of 3261
 
Headline: RESEARCH ALERT - Pixar Animation (NASDAQ:PIXR) lowered

======================================================================
NEW YORK, Dec 7 (Reuters) - Hambrecht & Quist said it
lowered its recommendation on Pixar Animation Studios to buy
from strong buy.
-- Says believes key near-term driver for the stock --
anticipation surrounding the film "A Bug's Life" -- has been
largely satisfied.
-- Remains confident the movie can reach $150 million at
the domestic box office by the end of its run.
-- Notes Pixar shares are up more than 47 percent since the
strong buy was instituted.
-- Pixar shares fell 2-3/8 to 41-3/4.

Copyright 1998, Reuters News Service