Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Jibacoa who wrote (11000)	5/7/2002 3:25:25 PM
From: Jibacoa	Read Replies (1) of 13094

Federal Mogul: (The new symbol after they filed for chapter 11 is now FDMLQ ).<g> I received a copy of their annual report and was somewhat impressed by the quality of the paper with glossy charts and pictures and the optimistic report from the executives on their plan to come out of bankruptcy pretty soon.<g> At any rate, I think it may be also worth to keep it on a "watch list" although the trial lawyers still expect to be able to collect a few more billions from the asbestos matter and you can't expect that Congress will ever pass a law that will restrain their own kind.<g> They now have companies with deep pockets, among them GM and PFE among their list of possible future prey. FDLMQ is up 4.17% on a volume of 264,000 and only a couple of Ks were mine.<g> RAGL Bernard

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