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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (42083)11/29/2000 7:50:37 PM
From: chic_hearne  Read Replies (2) of 436258
 
i think we'll get absolutely stunning warnings from the banking sector. imo the problem is already FAR bigger than anyone suspects.

Dare I say it, but I think this earnings season could be the biggie. Buried deep in the GTW warning was a $200 million write off for bad investments in other tech companies.

Anyone familiar with MSFT, CSCO, and INTC knows the risk those three pose. All are expected to have massive YoY ***PROFIT*** growth and without this investment crap, there is no chance in hell it will happen. This is why I am mega short all three of these turds. In fact, as of today these are the only three stocks I have positions left in.

I promise, when Crisco goes, the Naz is toast.
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