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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: gc who wrote (74952)4/14/2001 7:57:36 PM
From: American Spirit  Respond to of 99985
 
LU can last 3-5 years on its cash (assuming they don't make any profits). Their debts are nothing unusual anymore. And revenues are still around 20 billion a year which is also their entire market cap, give or take. They're in a credit crunch but not a calamitous one. It should be alleviated fairly quickly with rates going way down. They are also a takeover target. Don't be surprised.

So if you think we're in a severe recession which will last more than 4-5 years then short LU and keep shorting it all the way to the ground. In fact, short everything wxcept energy stocks, of course, as Bush and cronies will make sure we pay through the nose for our energy, so they'll create enough fear to use as an excuse to give us more pollution and open up our last wilderness areas to "exploration. (a-holes)



To: gc who wrote (74952)4/14/2001 8:48:35 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
They also have 3.8 billion in conditional loan commitments to service providers. Conditioned on the financial viability of those customers to whom they've extended credit so far.