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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Boca_PETE who wrote (12558)3/1/2001 12:02:34 PM
From: geode00  Respond to of 42834
 
I know most here will join me in crossing our fingers, lags, eyes, and anything else we can find in hopes that Ned will be correct.

Bob pushed people off a cliff. Now they're reduced to praying. All for some subscriptions and an ego the size of Florida.



To: Boca_PETE who wrote (12558)3/1/2001 12:33:49 PM
From: Wally Mastroly  Read Replies (1) | Respond to of 42834
 
PETE, Is there a FASB change in process affecting M&A's?

I heard a business analyst on the radio last night talking about a potential "rally" in the Merger & Acquisition area.

He talked about a FASB change coming 1 July 2001 which will encourage M&A activity.

He felt that between that pending accounting change, and the depressed stock prices of a number of Tech stocks, the stage is set for-a-flurry of M&A activity.

What say you?

Does any of that make sense?

Thanks,

Wally M.



To: Boca_PETE who wrote (12558)3/1/2001 1:09:00 PM
From: Tim Bagwell  Read Replies (1) | Respond to of 42834
 
Pete,

I've noticed a bandwagon of support gaining on the idea of a counter trend rally back up to the 3000's. Various analysts on CNBC have been making this call for a couple of weeks now (well behind Brinker).

I don't think this is a good sign. If everyone believes that a CTR will occur, the opposite is more likely to happen.