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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Lane Hall-Witt who wrote (117881)12/1/2000 4:41:50 PM
From: KevinMark  Read Replies (3) of 120523
 
Lane, that's exactly my point. 3/4's of the earnings last quarter were based on INVESTMENTS! Give me a break. I don't think they sold short their investments, do you? Therefore, their investments have gotten crushed just like all other tech issues. Dell and Gateway both warned, therefore I don't see how MSFT won't show major depreciation from this. We shall see, but it's obvious the smart money is bailing out quicker than they can sell, SELL!

KM
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