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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Technology Investor who wrote (67994)2/15/2001 2:53:29 PM
From: American Spirit  Read Replies (1) of 436258
 
LOR announced the G write-off weeks ago. This is a huge one-time loss and write-off which largely puts G behind it. Look forward to good growth from now on minus G. Stock is worth north of $9 according to conservative analysts I've heard even with a full write-off of entire G investment and LOR has pledged to put no more money into G. G has one year to survive or fold. Buy into the "bad" news because it's already been priced in. Holding at 4.75 now.
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