SI
SI
discoversearch

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


To: Souze who wrote (2141)5/25/1999 9:34:00 AM
From: getgo234  Read Replies (1) | Respond to of 2439
 
Merrill Lynch upgraded LCOS from long term accumulate to long term buy
after reviewing LCOS's latest quarterly results. ML analyst maintained
short term rating at accumulate with a comment that LCOS will be very volatile in the short term. Wouldn't this be the ideal time for ML analyst to upgrade LCOS to buy short term given the sharp sell off that we have experienced ? I am very surprised that upgrade did not come before the open today given the news that LCOS will get a boost
on the NASDAQ 100 news. Brokerage firms record their buy recommendations based on the previous day's close. Therefore, there was an incentive to upgrade last night on the NASDAQ 100 inclusion news. Comments ?