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Plugger301

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Re: bearemanalow post# 47274

Wednesday, 11/20/2002 9:34:26 AM

Wednesday, November 20, 2002 9:34:26 AM

Post# of 704019
09:03 ET CDW Computer downgraded at Raymond James (CDWC) 52.70: Raymond James downgrades to Outperform from Strong Buy given valuation and the lack of a near-term catalyst; in addition, firm believes that IT spending by CDWC's core small- and medium-sized business customers may have softened in the first half of Nov following what was probably a healthy Oct; cuts Q4 est to $0.51 from $0.52 and 2003 to $2.25 from $2.30 (latter is slightly below consensus).

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