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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (88883)	1/26/2001 10:24:52 PM
From: ild	Read Replies (1) \| Respond to of 132070

The dollar is strong because of faked GDP I thought that real numbers like trade deficit and money supply should matter much more than any Gov data.

To: Knighty Tin who wrote (88883)	1/26/2001 11:28:53 PM
From: Terry Maloney	Read Replies (1) \| Respond to of 132070

Mike, would you mind casting a hairy eyeball on this deal? I've never heard of 'draw down equity financing' before, but it sounds too good to be true ... (Diamethaid, a Canadian junior pharmaceutical, closed at $7.00 before this release) Message 15214735 Am I missing something obvious, or has a fifty million dollar floor been put under this stock?

To: Knighty Tin who wrote (88883)	1/28/2001 1:52:32 AM
From: Mark Adams	Read Replies (1) \| Respond to of 132070

FYI- I was looking at getting some SWZ myself. Barrons roundtable took a pot shot at nestle, as a short. I was thinking people would not give up their hot cocoa and chocolate even in a recession, and had overlooked the reverse currency translation. The info from cefa.com [dated July 00, of course ] shows nestle as a 10% holding. I guess I could take some comfort in the idea that nestle could go to zero and barely absorb the CEF discount, but it is a bit disturbing, nonetheless. Q: Do you have other short-sale recommendations? Zulauf: In foods it's the same story. Nestle is trading at 25 times earnings and has unit growth of maybe 2%-3%, at most. The company benefited from a restructuring program two years ago, but I do not believe that 10% earnings growth is sustainable. And with more than 50% of sales in U.S. dollars, the stock is vulnerable to currency swings.