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To: Olu Emuleomo who wrote (56330)5/11/1999 11:50:00 AM
From: Sarmad Y. Hermiz  Respond to of 164685
 
Olu,

I don't imply you should change your method at all. Just pointing out another thing that analysts do (especially at MS). I think her re-it for AOL was based on price. In the sense it fell too far too fast. The same way she down-graded amzn to out-perform because it had gone up too fast without corresponding change in fundamentals.

Anyway, this is the exact opposite of momentum. Upgrade on the drop, downgrade on the surge. It seems DLJ follows the momentum.



To: Olu Emuleomo who wrote (56330)5/12/1999 8:16:00 AM
From: Glenn D. Rudolph  Respond to of 164685
 
FOCUS-Euro slides, stocks pressured by Primakov
LONDON, May 12 (Reuters) - Russian President Boris Yeltsin's
shock sacking of his premier on Wednesday pushed the euro down
through $1.07 and put pressure on European stock markets.
After a tentatively higher start, Germany's Xetra DAX wiped
out its gains to trade 0.4 percent lower in reaction to
Yeltsin's firing of Prime Minister Yevgeny Primakov.
London opened little changed but soon turned negative too,
while Paris fell more than half a percent.
Russia's eurobonds slid as much as five points after Yeltsin
named First Deputy Prime Minister Sergei Stepashin as his acting
premier.