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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (8856)11/28/2001 3:09:41 PM
From: vampire  Read Replies (1) | Respond to of 99280
 
Incorrect my man...several of my posts indicate that I am "net short" what better way to say what my short term feeling is?

I only "nettle" those who are arrogant, tiresome, and/or annoying (left myself open here)- check out my posts, it's really the same few people that i post to in a "negative" way



To: Zeev Hed who wrote (8856)11/28/2001 3:10:58 PM
From: Sully-  Read Replies (1) | Respond to of 99280
 
* 15:05 ET Citigroup (C) 48.00 -2.55 (-5%): USB Piper Jaffray estimates that Enron represents approx. $500 mln exposure to Citigroup and $300 mln to JP Morgan Chase (JPM -6%). Firm believes the facilities are well-collaterized. Currently anticipating nonperforming assets increasing by $440 mln at C during Q4 and $300 mln at JPM reflecting an Enron bankruptcy. Complete charge-off situation would imply a $0.06 hit to C earnings and $0.07 to JPM in Q4.