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Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?

To: P2V who wrote (2992)	3/24/1999 12:23:00 PM
From: P2V	Read Replies (1) \| Respond to of 5390

UPGRADE/DOWNGRADE HISTORY QUESTION When did Mrgn Stnly DnWttr start their initial coverage ?? It's NOT shown in the following history---- Why?? biz.yahoo.com What's going on ?? (Borrowed Post from Yahoo Thread) Morgan Stanley Surprise by: Rodolse 6685 of 6705 -not. After selling 20 mln or so shares in Ericsson over the last three weeks MS today downgraded Ericsson to neutral from outperform, with a target price of SEK 150 (18.30 dollar). So, to sum this up, they must be done selling ERICY shares now as they are releasing this analysis. Two questions. Will they start buying back Ericsson today now that the news is out? How can any analyst put a neutral on a stock when the target price is 20 percent below current market price? Real ugly piece of work, talk about having a puppet on a string for analyst. Ericsson Cut to 'Neutral' at Morgan Stanley DW London, March 24 (Bloomberg Data) -- Ericsson AB (LMEB SS) was downgraded to ''neutral'' from ''outperform'' by analyst Angela Dean at Morgan Stanley Dean Witter. Price target is 150 kronor