Good news from Merrill Lynch for us TWT and SCO holders..

[Riz]

Merrill Lynch has reiterated its long term "buy" and intermediate term "accumulate" recommendation on Scoot.com (SCO) at 76.8p following full-year results last week.

Following third-quarter results from Telewest (TWT) last week, Merrill Lynch has reiterated its long term "buy" and intermediate term "accumulate" recommendation on the stock at 118p.

source link: http://www.uk-invest.com/news/brokerstips.html

SCO up +1..TWT down -2..today

 

[Riz]

by the way someone dumped 60,240,746 TWT shares at 16:27 today..trade type is O which is supposed to be for ordinary little trades...more interestingly the price is 100.. something must be boiling up..
Cum Vol 74,429,888

[This message has been edited by rizgar (edited 21-11-2000).]

 

[shelman]

And someone bought them at 100.06 this am.

 

[Riz]

TWT up today +5.25 to 117.25 with a volume of 41.8m..
In the mean time.. Morgan Stanley Dean Witter has initiated coverage of Telewest (TWT) with an "outperform" recommendation. With the shares at 112p, it has set a price target of 160p..
Charts started looking better..maybe it is time to watch them again..

SCO up +4(5.6%) to 75..

[This message has been edited by rizgar (edited 07-12-2000).]

 

[shelman]

TWT had better pick up pretty fast i'm sick of watching this sad tosser. It's got to the end of Jan and then it goes in my red column.
Steve