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Strategies & Market Trends : The Thread

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To: charlie mcgeehan who wrote (20190)	10/27/2000 1:46:43 AM
From: KevinMark	of 49816

Networks were due for a bounce, but will probably encounter resistance around 1125 area. The sector is not as bullet proof as everyone thinks anymore. I think companies can state growth going into next year all they want, but next year is next year, and I think the growth will be slower than many companies seem to indicate at this time. CEO's, IMO, will look to save their butts back fattening their bottom line, or else they may be on the street like LU's CEO. Fattening the bottom line will require companies to scale back to increase share holder value. Does it make sense to expand operations in a slowing economy? Unfortunately, CEO's will learn this the hard way come next year. This is what I foresee going into 2001. stockcharts.com Good discussion! KM

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