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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ditchdigger who wrote (28394)	4/2/2002 10:37:54 AM
From: Ken W	Read Replies (2) of 29382

Ditch "rah rah rah" Sounds like the talking heads on CNBC as they try to convince us that the "recovery is just around the corner". Meanwhile company of company in the tech area is warning of weak earnings. PeopleSoft did it this morning. 9-11 has been the scapegoat for companies for some time, but now they don't have that to blame as we are into the 3rd Q after the fact, so it is just about worn out. PE's are still too high, and people are getting real tired of buying exercised (inflated) options from the CEO's on the hopes that they (the CEO's) will actually perform rather than just live the high life off those options. Ken

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