MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 689.17

+0.2%

Dec 11 4:00 PM EST

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To: puborectalis who wrote (78857)	6/17/2001 1:50:29 PM
From: American Spirit	of 99985

Not even a year from now. These prices could double by fall. There are exceptions of course. But even LU now is substantially undervalued. It is being treated like it is going out of business but remember they just announced a great deal with IBM and recently a 5 billion deal with VZ. They also have a billion shares of undervalued AGAR stock. Their main problems are short-term debt relief. Just need to swallow some bitter medicine. Analysts I've heard predict recovery within 6-12 months. At $6.25 a share that's juicy. But NOK, EMC, ERICY types are just powerhouses which will continue to dominate and eventually grow very nicely again. In the meantime, volatility. But I would definitely buy into the peks of negativity, esp with Greenspan about to move again.

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