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


To: Ibexx who wrote (75886)4/24/2001 6:03:05 PM
From: Ibexx  Respond to of 99985
 
From Bernie Schaeffer's website:

"Investors were left scrambling for good news today after the release of the April consumer confidence numbers. Deteriorating business conditions and a less favorable job market are listed as two critical reasons for the results to drop to 109.2, less that the expected 112.1 and March’s 116.9. April’s results are also in line with February’s numbers, the lowest reading since October 1996. However, the results were taken before the Fed’s surprise rate cut and do not reflect any potential boost in consumer mood due to the bank’s action."

....

Ibexx



To: Ibexx who wrote (75886)4/24/2001 6:08:53 PM
From: American Spirit  Read Replies (1) | Respond to of 99985
 
VOD is not the VZ parent but a 49% partner. Wireless experts. They are said to either be about to buy VZ wireless for a premium or manage its big IPO this year. VZ CEo said wireless IPO will go out when market conditions improve. SO maybe sooner than we think. Would be the biggest IPO of the year and raise them at least 5 billion cash which makes them debt-lite again. very well-managed merger and company becoming dominant in all the different communications areas. At PE 12 it's hard to criticize.