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


To: John Graybill who wrote (52680)3/19/1999 7:47:00 PM
From: accountclosed  Read Replies (1) | Respond to of 132070
 
There was actually another headline alert between those two that seems to have since been withdrawn that said

<close paraphrase from memory> "Morgan Stanley denies that it stated that no comment was made".

(edit: I had all three ready to post this afternoon, but had si/isp troubles and couldn't get them posted)



To: John Graybill who wrote (52680)3/19/1999 8:04:00 PM
From: John Graybill  Read Replies (4) | Respond to of 132070
 
Whoops, dueling analysts!

Merrill was/is long IBM, big-time!:

3/19 15:18 IBM Reiterated Near-Term 'Buy' at Merrill

Princeton, New Jersey, March 19 (Bloomberg Data) -- Intl Business Machines Corp. (IBM US) was reiterated near-term ''buy'' by analyst Steven M. Milunovich at Merrill Lynch & Co. The long-term rating is also ''buy.''

quote.bloomberg.com

LOL! Absolutely amazing! Check that time-stamp (from the main Bloomberg page.) It must have been like an EPA Hazardous Materials squad mobilizing there in Merrill Lynch HQ when they saw that IBM downgrade from Morgan Stanley become official at 2:41. Wow!



To: John Graybill who wrote (52680)3/20/1999 2:04:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
John, What's wrong with you? A lot changed at the world's largest computer co. during those 29 minutes. <g>

MB