Trend Setters and Range Riders Message Board

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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 505.83

+1.8%

3:27 PM EST

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To: Susan G who wrote (20053)	7/6/2002 4:43:11 PM
From: ChrisJP	Read Replies (1) of 26752

Bankruptcy Filings Continue to Surge Even as Economy Improves Yup -- I've been saying for a while that a lot of companies (by no coincidence many are ones that IPO'ed in 1999/2000) need to go under (and their CEO's need to take up new professions like clam digging) before the stock market can fully recover. If all NASDAQ stocks under $1 could arrange to be acquired -- or just close their doors -- the surviving companies would have a much better chance of prospering. I guess it will take another year or so before the last of the "death's door" companies decide to give up. But in the meantime -- LET's RALLY !!! Chris

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