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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (2699)	3/30/2001 11:14:44 AM
From: westpacific	Respond to of 74559

"The U.S. saving rate, measuring the amount of disposable income left over after spending, remained at a record low of minus of 1.3 percent. That means that for every $100 consumers took home in after-tax income, they spent $101.30." This says it all, Americans are thick headed, round eye dummies. At least a great number of them. West

To: SouthFloridaGuy who wrote (2699)	3/30/2001 11:34:12 AM
From: Logain Ablar	Read Replies (1) \| Respond to of 74559

NYCB: I agree on your comment about bottoms but at some point the companies fundamentals become compelling. I don't mean a yhoo just because its down from 250 and now @ 15 (I don't think I'd want it @ $5). As an example I recently took a position in CORV. Not because its down from 100 range and under $7 but due to it having over $3.5 in cash (and debt is just current payables) and leading technology product. Now the fundamental risk of buying now is if they can't sell the product to carriers who are strapped for cash or the carriers with cash lower the speed of thier network buildouts. Then the balance sheet deteriorates and the stock goes lower. Another example is IMNX. Now down to $13 (no position, I'm now waiting for 9 area). If you looked @ a chart you'd say support is around 6 but times have changed since then. They now have a blockbuster drug product where they are capicity constrained plus around $5 in cash, Maybe I'm still being foolish but I feel it will triple in 3 years from the 9 level. Granted if we go into a depression type scenario I am being foolish. I followed you from the emc thread. I agree with your TA support on EMC but don't know the fundamentals. Just posted my comments for a friend Good luck

To: SouthFloridaGuy who wrote (2699)	3/30/2001 6:50:59 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi NYCB, I hear you. Some only cry when the coffin is in view. Others before, still others, long after. I am trying to learn something on the GE thread, because all other good reasons, rationales, justifications, etc have been used by others on ORCL, CSCO, etc. Maybe GE faithful have some global or unique reason to stand firm. If the reasons are global, I want to learn what they are. If the reasons are unique to GE, same. We will have to change our stance at some point, and the reasons we should change are contained within the confines of SI threads, eventually. The purpose of this thread is to collectively survive a bad scene in good standing. Message 15591228 Chugs, Jay