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Strategies & Market Trends : Sharck Soup
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To: A.L. Reagan who wrote (15087)4/6/2001 12:22:03 AM
From: American Spirit   of 37746
 
LU does not have a ton of debt. 3 billion in bonds, 2 billion more then 3.5 billion in the bank in cash. That's hardly a huge debt-load anymore. Any kind of recovery between now and next year and they'll be fine. And by then the stock will be back at $20. Don't forget this company also has a ton of revenue. Just because they lost money last quarter don't assume that will remain the case for long.
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