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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (46242)	1/12/2002 12:32:09 PM
From: Jim Willie CB	Read Replies (6) of 65232

biggest risk to economy is Greensperm it might take a few years for economic historians to conclude that GreenEye is totally off the chart in his extremes too tight when not needed too easy when gets into trouble too bad Enron boys were not connected to NYCity they would likely have been baled out by Federal Reserve what was it in 1998? LongTerm Cap Mgmt is too big to fail must mean Enron was not big enough to bale out glad to see Cisco Chambers on cover of Business Week about time more scrutiny put to their accounting and the value of their stock built on such shoddy accounting funny how CSCO fell in mktcap a great deal more than Enron but nobody looks to Cisco for chicanery they have steadily overpaid for acquisitions and steadily avoid writeoffs for absurd goodwill golly, CSCO trading near 20 is a real funny joke that stock is so deep in trouble still heavy competition, obsolete technology, bloated goodwill acquisitions, hidden business risk via accounting I say CSCO is worth about $5 per share, maybe $6 I want to see Congress tighten GAAP rules and SEC enforcement "Offbook" items should be deemed simply illegal I love the NFL playoffs annually almost as exciting as the college bowls but with much more certainty of a champeen go Steelers I went to check on Jerome Bettis' groin but he told me to take my hand off his leg go Big Bus / jim

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