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Technology Stocks : EDS - Recent pullback a buy opportunity???

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To: Brandon Buttons who wrote (1713)9/7/2001 4:50:47 PM
From: Daniel G. DeBusschere  Read Replies (1) of 1841
 
I have read the two Greenberg articles -
that were posted today on thestreet.com. Greenberg makes a couple of good points but it seems like he is on a vendetta or mission with his two reports that he publishes at a down market day. They seem to be very argumentative and Greenberg appears to be adversarial to the EDS CFO Jim Daley. EDS has been holding up very well in a shitty market and is likely a target of Short Sellers (Greenberg mentions his points as arguments used by Shorts). Therefore, this looks like someone yelling "fire" in a dark crowded theater. EDS volume today was up about double the average today so it could represent a large amount of shares being sold short. This tends to piss me off as my shares are in street name and I do not know if my broker has loaned them out to a short.

On Greenberg's good points, they refer to accounting policy that is normally accepted by auditors but are off balance sheet or otherwise not fully disclosed in company press releases other than SEC filings. So Greenberg (or anyone for that matter) can say "Look what I found, EDS is not disclosing all the numbers" and cause easy panic in the current market environment.
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