In today's edition of the Daily Update, Charles Payne of Wall Street
Strategies tips his hat to courageous investors who are willing to let the
chips fall where they may. Also, equity research columnist John Filar
Atwood discusses the impact of rising subscriber turnover on PCS
affiliates.

Multex Investor members can download a report from Morgan Stanley on
medical technology company Guidant (GDT) by registering for the firm's
free research trial.

You can link directly to our research page, which features synopses
of broker and free reports, and you can also register for the Morgan
Stanley trial by clicking on the Morgan Stanley logo, here:
http://www.multexinvestor.com/article.asp?docid=6710&nd=0204

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Below
--------

- Investment ideas
- Broker and third-party research
- Online advice and chats
- Free and sponsored reports


Investment ideas
-----------------------------------------

1. INVESTMENT IDEAS
Be careful what you ask for
Getting on with our lives and with our investments

By Charles Payne, principal analyst, Wall Street Strategies

So I guess you can handle the truth. During the course of the past week,
I received a tsunami of mail, the vast majority ripping me for justifying
everything that's wrong with Corporate America. Ironically, both the right
and the left saw fault with the premise that I suggested--that investors
may not really want to know the truth.

A few investors admitted that they were afraid of opening a Pandora's
box, or that the revelation that the foundation of our financial system is
built on a lie would cause a financial Diaspora. I do believe that
assuming the worst is not only presumptuous, but probably jumping to
the wrong conclusion.
Click here to read more.
http://www.multexinvestor.com/article.asp?docid=6703&nd=0204


2. INVESTMENT IDEAS
Rising subscriber turnover hurts PCS affiliates
Sprint's tougher stance on low credit customers is key factor

by John Filar Atwood, equity research columnist

Sprint PCS (PCS) has decided to get tough with certain low credit
customers. To date, the group getting punished by that decision is not the
customers, but Sprint's own regional affiliates.

The move has increased subscriber turnover, thereby lowering net
customer additions for the likes of AirGate PCS (PCSA), Alamosa PCS
(APS) and US Unwired (UNWR). It also has fed investors' perception that
there's no growth in sight for wireless stocks.
Click here to read more.
http://www.multexinvestor.com/article.asp?docid=6705&nd=0204


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http://www.multexinvestor.com/jp.asp?id=nl_MIN020402_A2
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Broker and third-party reports
-----------------------------------------


1. INVESTORS' CHOICE: 3-DAY FAVORITE
Bear Stearns publishes a 'top ten list' of Internet security predictions for
2002.

After a page of general sector commentary, the firm discusses its list; #3
prediction calls for more sophisticated virus attacks, #6 prediction is that
the biometric hype fizzles, #10 predicts security vendor stocks that will
outperform. (4-page report for purchase - $10)
http://www.multexinvestor.com/download.asp?docid=25966746&nd=0204


2. TODAY'S SPECIAL REPORT
Friedman, Billings, Ramsey provides its 2002 political/economic outlook.

FBR's report identifies dozens of company-specific beneficiaries of
Washington's political stances on agricultural, banking/finance, energy,
healthcare, and technology issues. Economic predictions and specific
beneficiaries as well. 18 graphs. (28-page report for purchase - $75)
http://www.multexinvestor.com/download.asp?docid=26106161&nd=0204


3. EDITOR'S PICK: CURRENT RESEARCH FROM THE CUTTING EDGE
Bear Stearns explains why the worst is already priced into wireless
service companies.

Painting a favorable forward-looking picture for the industry, the firm
looks at  penetration rates, age groups, discusses leaders Sprint (PCS),
AT&T (AWE), & Nextel (NXTL), and speculates on consolidation
prospects. 13 exhibits. (19-page report for purchase - $50)
http://www.multexinvestor.com/download.asp?docid=26090434&nd=0204


4. THIRD-PARTY REVIEW
Morningstar discusses accounting fears that recently hit the stock of
Irish-based Elan (ELN).

In addition to fundamental data including growth, valuation, and financial
health analysis, Morningstar comments on the firm's accounting
practices in light of a recent article and its suggestion for investors in light
of the situation. (3-page report for purchase - $10)
http://www.multexinvestor.com/download.asp?docid=21260426&nd=0204


WHAT'S HOT?
5. Lehman Brothers discusses the continuing growth story at discount
retailer Wal-Mart (WMT).

Lehman projects revenue/earnings growth and shareholder total return
over next 3-5 years and how WMT will do it. Discussion of the eclipsing
of XOM as the largest revenue generator and when it might surpass $1
trillion in annual sales. (3-page report for purchase - $10)
http://www.multexinvestor.com/download.asp?docid=26087653&nd=0204


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The Telecomm Analyst: Wall Street's daily and weekly industry outlook

Multex's The Telecomm Analyst features daily telecommunications-industry
specific research highlights, investment ideas, analyst opinions, portfolio
strategies: http://www.multexinvestor.com/jp.asp?id=nl_MIN020402_A3

To be sure you receive your TTA newsletter every week, click here:
http://www.multexinvestor.com/jp.asp?id=nl_MIN020402_A4
==============================================================


Online advice and chats
-----------------------------------------


1. ASK THE ANALYST
PowerOptionsPlus.com's Victor Schiller explains how to get great investment
ideas from the pros.
Citing some of the sources and lists that he utilizes, Schiller discusses his
"stock-picking made simple" strategy. How can retail investors find great,
option-able stocks without a lot of headaches? Ask him your questions through
tonight, Mon., February 4, 5 PM ET.
http://www.multexinvestor.com/AskTheAnalystForm.asp?&nd=0204

Try our PowerOptionsPlus FREE Trial NOW! The Best Way To Find, Compare,
Analyze, and Make Money On Option Investments...And it's Guaranteed.
Click here http://www.multexinvestor.com/jp.asp?id=nl_MIN020402_A5


2. ASK THE EXPERT
Ronald E. Newton with Insurance.com talks about how much auto
insurance you really need.

In reality, there is often a large gap between the insurance you're
required to carry and what you should carry.  Ask Ronald E. Newton of
Insurance.com your questions.  He will take investor questions until
Thurs., Feb. 7.
http://www.multexinvestor.com/AskTheExpertForm.asp?&nd=0204



Free and sponsored reports
-----------------------------------------


1. FREE RESEARCH REPORT
CIBC World Markets discusses the prospects for oil field service stocks
under coverage.

The firm looks at recent earnings and explains when it expects to see a
solid earnings upturn in the sector. Also, the outlook for international oil
markets. 4 exhibits. This 8-page report, which usually sells for $25, is
free to members for the next 72 hours.
http://www.multexinvestor.com/download.asp?docid=26085486&nd=0204


2. DAILY FREE SPONSOR REPORT
Morgan Stanley sets a $61 price target on "strong buy-volatile"-rated
medical technology firm Guidant (GDT).

The firm calls Guidant (GDT) "one of the better-positioned medical-
device companies," explains its valuation methodology, and lists key
investment strengths and risks in a report which Multex Investor
members like you can access by registering for the firm's free-research
trial.
http://www.multexinvestor.com/download.asp?docid=4415568&sid=8&nd=0204


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Be sure to check out our other newsletters, The Internet Analyst
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