Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: wlheatmoon who wrote (42355)	5/24/1999 8:17:00 AM
From: MythMan	Read Replies (1) \| Respond to of 86076

>>CNBC just said CMB was given a SELL rating. << What the hey is this all about? I may sell my poots today on this great news. -ng-

To: wlheatmoon who wrote (42355)	5/24/1999 9:04:00 AM
From: IceShark	Read Replies (1) \| Respond to of 86076

Yes, CS First Boston downgraded Chase, Citigroup, Bank One and J.P. Morgan to sell from hold. The downgrage is somehow related to Y2k as in loans and derivatives coming back to the banks. I can only guess what that is supposed to mean since the hairspray twins spent more time yacking about who knows what rather than read the report. I haven't seen a wire story on it yet.