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Jim Mullens

05/21/04 2:40 PM

#10065 RE: khemara_qc #10063

k-qc, re: Inst buyers-

BOA has been a big buyer the pact two quarters. Early April they downgraded the Q and lowered their target to $60 from $72 citing doubt of continued EPS growth momentum.

Should be interesting to see next quarters report- to see if they followed their own advice.