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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: jim_p who wrote (5347)6/19/2001 4:12:52 PM
From: The Ox  Read Replies (1) | Respond to of 23153
 

Atlas Air warns, to cut 200 positions
--9:48am - By Michael Baron
Atlas Air (CGO) is down $1.08, or 5.7 percent, to $18.01, after the Purchase, N.Y., firm unveiled restructuring
plans in response to the current global economic environment and the resulting decline in air cargo demand. The
company plans to lay off roughly 200 employees, and decrease its fleet service levels by up to six aircraft. A
charge of $40 million to $50 million will be recorded in relation to these moves. Atlas Air expects to breakeven for
the current quarter and earn 90 cents to $1.10 a share for the full year, missing Wall Street expectations for both
periods. The company expects its restructuring to result in annualized savings of about $50 million.



To: jim_p who wrote (5347)6/20/2001 11:17:44 AM
From: Warpfactor  Read Replies (2) | Respond to of 23153
 
<<Let us know when you start to buy.>>

Jim p,

I am operating under the assumption that a snapback/relief rally for the markets is imminent, and maybe has already begun. The question remains, what do I buy to take advantage of it? Could take the easy road with SPY and QQQ.
If I want to buy hi-beta tech for slingshot gains, what would I buy? The best idea I could come up with is to pick the high-fliers from our HTP contest: BRCD, QLGC, SAGI, FDRY, PSFT and KOPN. Maybe I'd add some of the pummeled opticals such as ONIS and NUFO.
If anyone else also shares my belief in an imminent market rally, what would you buy to maximize gains?

Warp