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Strategies & Market Trends : Rande Is . . . HOME

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To: HandsOn who wrote (47252)	2/12/2001 4:36:27 PM
From: American Spirit	Read Replies (3) of 57584

You buy LU here for the longer term. It can easily get back above $30 once it shows signs the bottom is clearly behind it. As for their bonds they're cutting spending now not ramping up. Interest rates are also going down maybe all the way to 4%. And LU won't stay downgraded for long. Also bought SCNT today at what I perceive to be the bottom and a severely oversold condition. 170 million cash and 210 million market cap. This and takeover rumors too. Down 30% from last week where I sold my last chunk for a nice profit.

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