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To: velociraptor_ who wrote (35443)9/14/2001 10:43:40 AM
From: Softechie  Respond to of 37746
 
Weight Watchers Files : Weight Watchers International, a provider of weight-loss services in 27 countries, files with the SEC for a $100 mln IPO. According to company, the proportion of U.S. adults who are overweight has grown from 47% to 61% over the last 20 years, and the number of overweight people worldwide now exceeds one billion... Selling shareholders will receive all proceeds from the offering. Company does not plan to pay a dividend. The deal will be managed by CSFB, Goldman Sachs, Merrill Lynch, Salomon Smith Barney, and UBS Warburg.



To: velociraptor_ who wrote (35443)9/14/2001 11:22:19 AM
From: GREENLAW4-7  Respond to of 37746
 
Dear Subscriber,

Yesterday, I gave you one likely scenario of what may happen
when the markets reopen -- a dramatically lower opening, a
recovery, and then another plunge to new lows. Today, let me
suggest another panic scenario:

Event #1. While the world sees only tragedy, the US Federal
Reserve, the US Treasury, and their counterparts at other G-7
nations see an opportunity -- to declare war on all that has ailed
their economies. They vow to fight the tech wreck, falling stock
markets, rising unemployment, recession, and deflation. They
commit to a massive, concerted effort to nip the worldwide
economic crisis in the bud.

Event #2. Whether it's tomorrow or Monday, the New York
Stock Exchange opens with a smaller decline than feared.

Event #3. In response to the G-7 pronouncements, the markets
bounce back, gradually at first, but with more momentum as time
passes.

Event #4. In the days that follow, if you put your head out the
window, you can almost hear the cheers from downtown Wall Street
to Kabutocho (Tokyo's equivalent to Wall Street). The rally
continues for days or even weeks.

Event #5. But like the rally we saw in April, the celebrations
are vastly premature. The world soon wakes up to the realization
that although we can win in a war against terrorism, we cannot win
this battle against recession.

Nearly all the great financial bubbles of the 20th century --
in the US, Europe, Japan, and emerging nations -- had already burst
well before the terrorist attacks. It's too late to put the bubbles
back together again.

All world markets will still plunge to new lows, and my forecasts
stand: Dow 5000. Nasdaq 800.

Best wishes,

Martin with Larry