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To: capt rocky 1 who wrote (62266)12/3/2000 1:47:20 PM
From: Zeev Hed  Respond to of 93625
 
Capt. Carter's "I sinned in my heart" cost him his presidency. Tells you what it takes to win an election here. Clinton won two with everyone knowing very well about his zipper itch. Ted Kennedy keeps winning his senate seat, and he not only was guilty of actual adultery, but of manslaughter in the process.

As for the bu$$, I think it is a very low probability that it drops under $30 (my "old GTC" was $30.5 and I think that at the depth of the last retrenchment we got to $32). But in a worst case scenario, including loss of the Infineon suit and than the MU and Hyundai suits, coupled with a severe bear market, and the breach of $29.5, then irrational desperation may set in, and very unusual values are known to be created in the market place under extreme conditions, so, I for one, do not say "never". I remember when the stock was at $120, reading a lot that "this is the last time we see two digits". Well, we are pretty close the support area (previously resistance) from which the move to $120 was launched. We have formed a double top around that $120 and util we base solidly above the support, the stock is still in a down trend, and as you know, the trend is your friend.

Zeev