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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: jjetstream who wrote (68644)2/16/2001 2:06:58 PM
From: pater tenebrarum   of 436258
 
the time to buy defense stocks was sometime last year...this type of news i'd rather take as a selling oppty.

of course, the US cruise missile arsenal is rather depleted...so there will no doubt be good earnings for defense contractors this year. however, the stocks largely discount that already imo.
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