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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: maverick61 who wrote (50067)	4/4/2001 12:10:45 PM
From: American Spirit	Read Replies (2) \| Respond to of 57584

LU bankrupcy rumor an obvious lie spread by shorts. No company this big goes bankrupt so quickly. Takes a year or two from this point. And with interest rates likely at 3.5% soon, no way. Obvious manipulation. Someone who benefited and covered at $5.50 ought to go to jail. Once again shorts have gotten too aggressive and some unethical. Someone needs to burn their butts. Remember LU just got a 5+ billion contract from VZ. They'll be fine when the tech economy gradually improves. They are however now a takeover target this cheap. VZ could swallow them in one gulp for less than Lu paid for Ascend two years ago and they'd be a fine-fine value acquisition. #1 telco name in the world despite recent troubles.