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: Bucky Katt who wrote (11484)	8/20/2002 1:15:48 PM
From: James Strauss	Read Replies (2) of 13094

Analysts have said the new regulation, which carries maximum penalties of $5 million in fines and 20 years in prison, may discourage European companies from selling stock in the U.S. DaimlerChrysler AG and other German companies are seeking an exemption to the rules because German law already requires a company's supervisory board to verify the accounts. William: The American corporate dirty laundry will appear pretty clean when put along side of Euro/Asian dirty laundry... If DaimlerChrysler is already signing off on their books under German law there's no reason to ask for an exemption under the Sarbanes law unless there is something to hide... Jim

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