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

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To: Stephen who wrote (23988)11/13/2001 4:37:50 PM
From: TechTrader42  Read Replies (1) of 52237
 
Complacency for the S&P is right back at the upper extreme.

ST S&P CI: 95.558
MT S&P CI: 96.239
LT S&P CI: 77.544

I guess that means we should all buy, buy, buy, cuz everyone's complacent.

Now here's a funny one. Note the headline:

BEA Systems beats expectation
By Mike Tarsala, CBS.MarketWatch.com
Last Update: 4:26 PM ET Nov. 13, 2001
SAN JOSE, Calif. (CBS.MW) -- Server-based software maker BEA Systems reported a net loss compared with its profit a year ago, although the company beat pro forma earnings expectations with help from cost controls.
BEA's management reported a net loss of $90.9 million, or 23 cents a share. A year ago it had a profit of $8.2 million, or 2 cents a share.

And this, from Reuters:

For the quarter ended Oct. 26, Sunnyvale, California-based Network Appliance said its profit fell to $7.7 million, or 2 cents per share, from net income of $36.9 million, or 10 cents per share a year earlier. Sales fell to $194.7 million from $200.4 million.
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