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To: pater tenebrarum who wrote (27528)10/12/2000 2:41:14 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<.to think that old well established firms like FMO and JCP are on the brink of disaster...>

"New Economy Management"... according to "people familiar with the situation"... apparently FMO overpaid nicely for 2 aquisitions and issued debt to pay for them. Ooopps, no synergies~!

DAK



To: pater tenebrarum who wrote (27528)10/12/2000 7:09:12 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
Heinz no disaster just old fashion bankruptcy aside be prepared that Easy Al will provide ample liquidity.

Would close any outstanding shorts. We may face a wild reversal to the upside. Longer term the game of 3 digit P/E seems to be over.

The same way you can not catch tops you can not catch bottoms.

Haim


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