Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Dnorman who wrote (154)	6/7/2002 9:38:40 AM
From: Jim Willie CB	Read Replies (2) of 89467

Barrons and Weiss lists of stocks at risk for bankruptcy: Barrons was focusing primarily on telecom's round 2: ------------------------------------------------------------ JDS Uniphase (I love Franz's hat) Nortel Networks (that would make waves up in great white north) Covad Commun XO Commun (a new McCaw venture) Sycamore Netwk (I hope not, I love these guys, from Boston) Focal Commun Allegiance Telecom Nextel Commun (a patchwork discarded by McCaw) --- (at risk, but less so) Level Three Corning (that would make big news) Time Warner Telecom Pac-West Telecom Broadwing WorldCom (eliminating MCI tracker) Qwest (downgraded to junk recently) Citizens Commun Ciena Sprint Lucent (inevitable, got friends there) AT&T Wireless (I hope so) Riverstone Juniper AT&T (the big mama herself, I hope so doublely) Century Tel Weiss list with broad view (in order): ------------------------------------------ Avon Products Campbell Soup (hmm hmm good) General Mills US Airways Big Lots Edison Internatl Network Appliance (oy) Pacific Gas & Electric PMC Sierra (oy) Raytheon (not a chance with defense) TRW Xerox (got bet with my CEO on BKcy before Nov15, 2003) Xilink comments: I have found Weiss to be full of himself, but very competent he has a great track record of predicting the dead meats but he never seems to change his tune from 1995 when I first subscribed to his newsletter service he expected the Dow and Naz to crash in 1995, 96, 97, 98, 99 and got it right in 2000 he got Japan right in spring 2001 for a rollover but he didnt change his tune there either and Japan has seen a strong counter-trend rally this spring/summer but that is sure to peter out, imho, and Nikkei retest 8500 since the entire run began in March with Repatriation Tokyo has been running the financial markets with printing press John Maynard Keynes would be proud Barrons and Weiss make similar comments all will not go bankrupt but some and perhaps several will go bankrupt and these are the most likely / jim

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