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To: Larry S. who wrote (29952)3/14/2001 3:01:51 AM
From: Larry S.  Respond to of 53068
 
ORCL - at 17 - has a PE of 13.3 hmmm eom larry



To: Larry S. who wrote (29952)3/14/2001 7:09:50 AM
From: Larry S.  Read Replies (1) | Respond to of 53068
 
futures plummeting - forget everything i have ever said. Europe down big on fears of profit warnings, Banks dowm big on fear of Japan banks being bust and need to repatriate dollars, the sky sure seems to be falling, just when one dared to hope for a few rays of sunshine. larry



To: Larry S. who wrote (29952)3/14/2001 5:30:42 PM
From: Bwe  Respond to of 53068
 
Larry S.,

PNF'er, i disagree with you about both GE and TYC. my disagreement comes from the FA side, with TA saying these stocks are bottoming.

My view from the TA side is that GE and TYC are not bottoming and have further to fall. Today TYC had RS Sell signal vs the SPX. A bearish sign.

With regard to TYC's fundamentals, things are far from certain for the company under a best case economic scenario.

Bruce

PS: Ever read Herb Greenberg's missive's on TYC? Might make you think twice about TYC's fundamental story.