Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (34523)	9/28/2001 5:05:20 PM
From: Johnny Canuck	Respond to of 68005

Tim, >>Harry I assume your screen on cash doesn't factor in debt? I don't have a way to screen for that. You have to do that the old fashion way. I am staying away for stocks that have debt right now. Given the poor visibility it is hard to guess what the cash flow will look like and therefore it is hard to see if the cash flow will sufficiently cover interest expenses on the debt. CORV I still don't know enough about. Their technology is supposed to be revolutionary, but since they are not letting any data out your guess is as good as mine wether they really have a competitve advantage. AVNX is starting to look attractive. I want a little more of a discount though to justify the near term risk. A few years out I think they will be fine provide their technology does not get over taken by something new. What strikes me is the comment by TLAB's that the management thought the slow down would continue to Q4 2002. TLAB tends to be pretty conservative and striaght forward, so I would not expect a true turn till then at the earliest. Some that pretty much agrees with the 2 year time frame the other analyst saw. What intrigued me is the analyst introducing TLAB at the conference thought the down turn would be over in 6 more months. Have a good weekend.

To: Logain Ablar who wrote (34523)	9/28/2001 8:32:26 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68005

SEC Seen Giving Reduced Stock Buyback Relief Until Oct. 12 Dow Jones Newswires WASHINGTON -- The Securities and Exchange Commission will extend relief to corporations seeking to buy back their own shares for an additional two weeks, but the relief will be less sweeping that it has been, according to individuals familiar with the move. Emergency relief set to end Friday will be extended until Friday, Oct. 12, but only in part, these individuals said. Rules that bar firms from buying shares in the first and last half-hour of trading will be reintroduced, but relief from restrictions on the volume of shares that may be purchased will continue, according to these individuals. After the Sept. 11 terrorist attacks, which shut down U.S. stock markets for four days, the SEC temporarily lifted rules limiting the timing and volume of corporate stock buybacks. The rules, meant to prevent stock manipulation, bar companies from buying their own shares in the first and last half-hour of trading and limit how much stock a company can buy on any given day. Write to Judith Burns at judith.burns@dowjones.com