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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Lee Lichterman III who wrote (39179)	12/23/2000 1:21:11 PM
From: Les H	Read Replies (1) of 42787

From First Call: MARKET EARNINGS Wow! Negative pre-announcements are like the Energizer Bunny - - They just keep going, and going, and going. We had thought they might temporarily taper off as we approached the holiday season, but many companies seem to hold no fear of being a Grinch. And if you think the last two months have been bad for 4Q00 pre-announcements, we hate to remind you that last year, 43% of the negative 4Q99 pre-announcements came after 1 January. >>> Those are last year's statistics before Reg FD. So, the breakout of pre-announcements may be considerably different this time around. The rumored early Jan meeting between Greenspan and Gov. Davis is near the early Jan minor cycle top around the 12th.

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