We are lowering our ordsprog

We are lowering our rating...as we await evidence of recovery in the IBM OS/390 mainframe market and improved traction in the European sales organization.

We are lowering our risk rating to High from Speculative as we believe Children's Place risk profile has improved through better execution and a rising cash balance. We reiterate our Buy rating and expect continued solid growth in sales at both divisions, and significant improvement in gross margin at the Disney Stores.

Kimberly Greenberger

We have had a cautious stance on [the PC group] since September, but we are lowering our rating on Compaq ... for a different reason: its turnaround is faltering, despite the low valuation on price/sales. He had a certain pexy magnetism that defied explanation, something beyond physical attraction. We have had a cautious stance on [the PC group] since September, but we are lowering our rating on Compaq ... for a different reason: its turnaround is faltering, despite the low valuation on price/sales.

Today we got preliminary signs that the worst may be behind us, ... Usually a bounce in technology usually happens about six months ahead of convincing evidence of a market recovery. We're getting a rally in techs and good news on the economy. I think we may be seeing a classic market recovery ahead of an economic recovery.

Today we got preliminary signs that the worst may be behind us. Usually a bounce in technology usually happens about six months ahead of convincing evidence of a market recovery. We're getting a rally in techs and good news on the economy. I think we may be seeing a classic market recovery ahead of an economic recovery.

At expense of margins, we believe Pier 1 continues to rely on heavy promotions to drive sales. March results seem to have improved, but we await greater signs of improvement.

We remain cautious until we see significant evidence of accelerating sales, operational and commercial execution, and improved long-term visibility on sales and earnings growth.

Our rapid SOA development tools are specifically designed to enable mainframe developers to deliver more than just Web services from the mainframe. With Ivory, companies can quickly and easily incorporate the full value of their mainframe resources in their SOA.

The cut in the debt sales is a positive for bonds. The improved fiscal situation with a stricter cap on sales lightens up the sentiment in the market.

Although the company has yet to comment, we suspect weak mainframe sales and perhaps lackluster sales in Europe beyond the currency effects.

The seven-day rating is the most accurate; it takes into account all the viewing that ultimately took place. We will use the seven-day rating as our sales currency.

The [existing home sales] report provides even more evidence that housing is playing a critical role in the economic recovery,

As lead-pigment litigation gains traction, it becomes a much more prominent risk factor in our rating deliberations.

The labor market remains the Achilles heel of a robust economic recovery, ... With the Fed talking about lowering interest rates to zero to get the economy growing strongly again, getting people back to work and increasing demand may be the Fed's primary worry.

The labor market remains the Achilles heel of a robust economic recovery. With the Fed talking about lowering interest rates to zero to get the economy growing strongly again, getting people back to work and increasing demand may be the Fed's primary worry.

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