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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Terry Whitman who wrote (11988)4/25/1999 7:42:00 PM
From: Lee Lichterman III  Read Replies (2) of 99985
 
Saw you guys discussing this on Mike Burke's thread. Also saw your discussion of IBM's sales being off 20%. My question is was their improved earnings 100% smoke and mirrors through stock buy backs on borrowed money or was some made up in services. The reason I ask is I love to trade a services firm that has been shot in the head numerous times in the last 9 months but refuses to die since fundamentally they are a good company. Y2K fears have killed the sector but money will surely move back in eventually and while I think it may not be until after the new year passes and they show that they can still make money, the early bird gets the worm of course he also freezes to death sometimes because it is still too cold. <g>

TIA and good luck,

Lee

PS - Off topic but for some reason this remonded me of some of the discussions on this thread and caught myself giggling.

Sunday April 25, 7:00 pm Eastern Time
Enjoy the flight -- we're not crashing after all
LONDON, April 25 (Reuters) - Nearly 400 British Airways (quote from Yahoo! UK & Ireland: BAY.L) passengers flying from San Francisco to London got the fright of their lives when a recorded message mistakenly warned they were about to crash into the sea.

The airline apologised for the incident on Sunday, saying cabin crew on the Boeing 747 quickly told the passengers that the crash landing message was incorrect.

But two elderly passengers suffered anxiety attacks and had to be helped by a doctor who was on board the flight at the weekend.

The recording told the 391 passengers to prepare for the crash landing about three hours into the flight. The plane went on to land safely at London's Heathrow airport on Saturday.

''We realise how distressing the incident was for our passengers, and we do apologise to them,'' a British Airways spokeswoman said.

''Clearly, this should not have happened and we're treating the matter very seriously. An investigation is under way. We do not know (the cause) yet, but we know that it was not a technical fault with the system,'' she said.

The airline said it was too early to say whether passengers would receive any compensation.

biz.yahoo.com
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