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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: zsteve who wrote (52630)	3/19/1999 2:24:00 PM
From: Michael Bakunin	Read Replies (1) \| Respond to of 132070

Briefing says MSDW making "cautionary comments" on IBM: "14:06 ET International Business Machines (IBM) 170 3/16 -7 7/16 (-4%): CNBC reporting that Morgan Stanley making cautionary comments on Big Blue; says sees revenue growth risk; cuts price target... maintains "outperform" rating on major computer maker and software and services supplier, but is making cautionary comments due to competitive environment for mainframes; suggests that revenue growth is at risk due to increasing pricing pressures; cuts price target....."