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

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To: dennis michael patterson who wrote (39435)	12/27/2000 11:10:25 PM
From: Lee Lichterman III	Read Replies (2) of 42787

Dennis, regarding your comment about today's slow market, heck just do a scan on the most worthless stock trading at 300 PE and go long,.... the mania continued. QCOM, AMCC ( going into the SPX Monday) and my favorite reason to go long, CREE news released that they are being sued for patent infringement and so it climbed 16% today. LOL Apparently the maniacs got some new credit cards to get cash advances on so they could try and win their money back. <ggg> Some interesting news tidbits today. I saw on the Fed site today that they are going to let your brokers start dealing in realstate. Here is the other I saw on the Clown thread. This is scary. We may as well stop making them file 10Ks and 10Qs since this seems like a license to just put whatever numbers they feel like showing in them. By these standards, i could probably claim the Air Force pays me 5 billion a year. <NG>......... First, the Financial Accounting Standards Board proposes that companies needn't amortize goodwill, then it says its proposal should be retroactive. If this proposal becomes a rule, investors will see earnings soar. You should know what this means for calculating returns on equity and operating margins. fool.com Good Luck Lee

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