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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: Wolf 2 who wrote (3579)	10/5/2001 11:07:34 AM
From: E. Graphs	Read Replies (1) \| Respond to of 4564

Wolf, If you were a mastermind terrorist being hunted down by the most powerful nation on earth, would you be sitting in a hole in the ground, hiding, or would you be planning an all out attack? I know the US government doesn't want the population to panic, but the quick dismissals of every odd event while telling the American people their best defense is to go shopping is truly becoming surreal. Way too surreal for me. Even though the market is overvalued they seem to be pumping it to make people feel safe. The stock market is still all that counts in this country, so ride their wave, but be on guard if they should lose their grip on it. I admit we've had a soft landing, but we've yet to have had a crash and world events are risky enough for one to occur, imo. E

To: Wolf 2 who wrote (3579)	10/8/2001 11:01:48 AM
From: Logain Ablar	Read Replies (1) \| Respond to of 4564

wolf: from a bs / is perspective I concur with zeev's comments on the gx thread. The company has made committments which will be hard to meet with it current cash flow position. At best its dead money thru year end. I would bail on any pop in the stock (it won't go to 0 for a couple of quarters). Usually some banker will give it one recomendation to try and get his clients out (this may have just happened where JPM said it won't be in violation of loan covenants). If you need to be in the telecom space look to avnx and corv where there has started to be insider buying. Odds favor you recovering your losses in these two vs in gx. Tim