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Non-Tech : Federal-Mogul Corporation (FDMLQ) -- Ignore unavailable to you. Want to Upgrade?

To: JHP who wrote (89)	2/16/2001 2:34:06 PM
From: Mark Adams	Read Replies (1) \| Respond to of 142

"If you think they'll win out the legal problem or if there's any bit of faith of turning around operations, you're looking at a company that could earn $4 a share," Brady said. This is a high risk, high reward play. Not for widows and orphans. I was disappointed to see it listed on a scan I did for companies with Interest cost exceeding cash flow. Still hold a minor position. I think of it as a LEAP. Zero if it expires, 4x4->$16 if they pull it off. Not bad risk/reward? But I put the odds of them pulling it off below 25% currently.