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Strategies & Market Trends : Z PORTFOLIO

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To: Kelvin Taylor who wrote (11291)	1/13/2004 3:15:31 PM
From: DanZ	Read Replies (1) of 11568

Kelvin, The analyst can say that the assets are worth $16 to $18, but why didn't the market realize this yesterday or last week or last month? Did some big new information come out that caused a big revelation, or is the stock going up on hype and mania? I'm in the camp of the latter and have continued to add to my short in the 13.30 to 13.40 range. The analyst didn't talk about liabilities; assets are only on one side of the balance sheet. Not only that, but the assets could be worth $18 under one set of circumstances and $10 under another set. The market valued this company at about $11.80 before the BofA analyst spouted off his bogus comments. Now all of a sudden everyone and their brother think that the stock is worth more. I say Bulls***.

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