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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Ajay Aggarwal who wrote (69661)	4/10/2001 5:51:51 PM
From: UFGator93	Read Replies (4) \| Respond to of 122088

I'd like to get others' opinions on this two-day rally because of "not as much bad news". This seems silly to me and I hope I'm not the only one. When nearly all of the evidence shows us that the economy is in a downturn, are two days with limited bad news really sufficient to push the market up as it has? Shouldn't one wait until there is positive news about the future before jumping back in? I'm curious to know what everyone else thinks and I'd appreciate any replies. It just seems to me that we're seeing the same foolish optimism that we saw during the bull market bubble, but perhaps I am wrong.

To: Ajay Aggarwal who wrote (69661)	4/10/2001 7:36:14 PM
From: UFGator93	Read Replies (1) \| Respond to of 122088

Briefing.com discusses how MOT earnings are really worse than they appear: Motorola (MOT) 13.00 +1.50: Some confusion over MOT's numbers, as company changed its reporting method at the last minute... Reported loss of $0.09 excludes goodwill, whereas company used to report results including goodwill... Our checks indicate that consensus estimate of ($0.07) included goodwill... Sources telling us that if goodwill charges put back into the MOT number, quarterly loss would be more like $0.13 or $0.14... In other words, even worse than they look now.