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Sunday, October 22, 2006

weekend Edition: Worst Analyst Call Of The Week; Salesforce (CRM)

Banc of America Securities raised from "neutral" to "buy" last week. In December, B of A initiated the stock at "neutral".

Trouble is that in December the stock was trading around $32. It is now at $41. So, why not a "buy" rating late last year?

Maybe investors could have made some money.

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