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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (38657)	4/11/2001 1:17:38 PM
From: IQBAL LATIF	Read Replies (3) of 50167

I also want to add that if this MOT earnings would have come at 2800 NAZ level or MOT 40, I think we should have seen a drop of 20$ in one session and NAZ to 2000, now MOT is punished for TELCOM and semi both so is NOK as MOT is weak, NOK goes weaker and without realising that NOk share is increasing fast in the global telcoms. AAPL lost big on disappointment, if we were higher we would seen today as catstrophic sell off. Here we had over-eager sellers who made this market a comfortable thing for companies like MOT yesterday, even the worst of earnings than expected, MOT I concede did not belong to 65 I was wrong with benefit of hindsight but being a investor saved me I was able to make some good knowing that it did not belong to 10 either. Only a slight positive cash flow led to rally of SOX to 568. it is question of balance, and this bear market is teaching all of us osme nice lessons I havel earnt something that 'new economy' sell offs and recessions are going to be different. The present tools are just not good enough to measure these problems.

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