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To: Dale Baker who wrote (28249)11/29/2001 12:01:55 AM
From: SultanRead Replies (1) | Respond to of 118717
 
THE CONTRARIAN

Forget Running To Cash
David Dreman, Forbes Magazine, 11.26.01, 12:00 AM ET

Don't allow your portfolio to be dominated by fixed income. You will be sorry.

It never seems to change. Investors--amateurs and professionals alike--raised cash as the market fell sharply this year, and especially following the horrendous events of Sept. 11. The market, while still wobbly, has recovered its losses since the terrorist attacks. Lots of investors, though, continue to shun equities for the safety of money market funds, short-term bonds and other cash-like instruments. Bad enough that the paltry annual yields on some of these things lag or do little better than inflation. Bank money funds, for instance, stood at a miserly 2.4% in early November.

forbes.com



To: Dale Baker who wrote (28249)11/29/2001 6:38:34 AM
From: JSBRead Replies (1) | Respond to of 118717
 
Why don't the big CPA firms ever get sued
and sanctioned for stuff like ENE and AREM?

The SEC needs to do something and do it soon,
if we can't believe audited finanacials, what's
the point?

At the very least the CPA firm signed off on
a false statement and at the worst, they committed
fraud.