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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Connor26 who wrote (184)12/9/2000 3:16:44 PM
From: Susan G  Read Replies (1) | Respond to of 5732
 
Looks like those futures will be powering up monday morning <g>
The aburdity of this is beyond belief!!!
My trading account went all cash before the close due to this debacle, but my long term accounts will benefit : )

suan@ivotedforgorebutigiveup.com

U.S. High Court Grants Bush Bid to Stop Recounts

Dec 9 2:59pm ET

WASHINGTON (Reuters) - A closely divided U.S. Supreme Court on Saturday granted Republican George W. Bush's plea to halt hand recounts of ballots in Florida, votes Democrat Al Gore needs to win the presidency, and said it would hear a Bush challenge to the recounts.

The high court in a brief order by a 5-4 vote granted Bush's emergency plea for a stay of the Florida Supreme Court ruling that ordered hand recounts of tens of thousands of ballots in Florida's contested presidential election.

The Supreme Court said it scheduled 90 minutes of oral arguments in the case on Monday, Dec. 11. The 5-4 vote split along conservative and liberal lines.

At issue was Friday's Florida Supreme Court ruling that also cut Bush's lead in the state to just 154 votes. Both Bush and Gore need Florida's 25 Electoral College votes to win the presidency.

Justice John Paul Stevens wrote a strongly worded dissent, accusing the majority of acting ``unwisely.'' He added,
``Preventing the recount from being completed will inevitably cast a cloud on the legitimacy of the election.'

Now that's quite an understatement <g>



To: Connor26 who wrote (184)12/9/2000 4:52:25 PM
From: SMALL FRY  Respond to of 5732
 
Hi Connor,

LU - yes, I'm starting to accumulate it for a longer term hold. Granted they have problems at the moment and lawsuits are popping all over the place from the sore bagholders that got taken by the brokers and analysts... but they'll overcome it soon enough, IMO. Even if they don't make it back to the old glory days, I'm counting on the people that have so far accumulated millions of cheap shares to surely create an illusory environment to make the stock go up to make money... JMHO.

(I am of the opinion that all these lawsuits should be directed against the analysts and investment houses and not against the companies).

SF