PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Emile Vidrine who wrote (320879)	11/17/2002 9:44:29 PM
From: Baldur Fjvlnisson	Read Replies (1) of 769670

Emile, major U.S. tech stocks are incredibly overpriced. And they don't even charge operating costs such as wages to earnings. So the earnings these scams trumpet to the public are fiction. Three premier U.S. stock watering scams: MSFT, CSCO, INTC. Together these stock watering scams have a rather whopping 20 BILLION SHARES outstanding. This junk is overissued and overowned and there simply is very little substance behind each share. It's so bloated that they'll never be able to pay any dividends without massive reverse splits. Microsoft sales per share $5.50 Intel sales per share $3.90 Cisco sales per share $2.50 This junk simply isn't buyable at 5-10 times sales. Hundreds of Nasdaq scams are modeled after these stock watering scams. Of course their stock watering scams are fully underwritten by scamkeepers the congress rubber stamp and the SEG garbage and other garbage charged with overseeing the orderly and organized fleecing of investors.

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