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

To: bobby beara who wrote (75294)4/18/2001 3:11:29 AM
From: American Spirit  Respond to of 99985
 
Luckily I sold my biggest LU holding at 67. I have watched it go to 7 and below. The past is irrelevant now. It's at 7 not 70. And it's still number one, two or three in the world in telco supplies. After the inventory burns off, think telco supplies won't sell? Tell it to VZ who just gave LU a 5 billion dollar deal. They have lots of other big deals too. 20 billion a year in revenues and a 23 billion market cap. If they were taken out it would be for three times this price. But all I'm looking for short-term is 20-30%. And I bet I'll get it by May.



To: bobby beara who wrote (75294)4/18/2001 9:05:17 AM
From: Les H  Respond to of 99985
 
this looks cheap

Message 14091635

remember shorts are your enemy
specialists, short institutions, and brokerages are your friend
of course, if you let a stock fall 90%, even if you sold just 10% of the stock near highs, you can always say you sold your largest holding.


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