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Technology Stocks : Semi Equipment Analysis
SOXX 312.76+1.1%4:00 PM EST

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To: The Ox who wrote (42747)1/16/2009 11:36:58 AM
From: Gottfried  Read Replies (2) of 95536
 
OT ** speaking of gangs that can't shoot straight: >Bank of America posted a $1.79 billion loss, just hours after the government agreed early Friday to provide an additional $20 billion infusion of capital into the bank and to cover the bulk of up to $118 billion in losses, largely arising from the bank's shotgun purchase of Merrill Lynch.

Underlining the depth of the problems that have emerged from its acquisition of Merrill Lynch, Bank of America said Merrill had a fourth-quarter net loss of $15.31 billion, or $9.62 per diluted share, "driven by severe capital markets dislocations," before the acquisition was completed.
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dealbook.blogs.nytimes.com
will this drive more investors to put their money into reliable [ :) ] tech stocks?
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