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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: pbull who wrote (55289)	11/30/2001 12:22:42 PM
From: Rande Is	Read Replies (3) \| Respond to of 57584

The part of the movie Wall Street, that I was referring to was where Gordon Gekko was talking at the shareholders meeting about the excesses of the company. No worthless biotechs in the movie that I remember. I think you are thinking of "Boiler Room". The point of Oliver Stone's Wall Street is to illustrate the way things are regularly done there. . . "business as usual" . . . through inside information, cut-throat hostile takeovers, lying to shareholders, skirting the SEC, using the financial press to fuel a deception and finally market manipulation at its finest. How things are allowed to continue now, much the same as they have for many decades is what leaves me dumbstruck. Enron is just the latest in a long list of pawns that were used by ???? to make "more money than you can imagine". At about a quarter per share ENE has a PE of 1.7 and a market cap of just about $200 mil. . . [in other words, they are selling for just about what they earned last year alone]. . .then considering their $180 Billion in annual revenues [this is a massive company], I'd laugh they found someone to bail them out after all. . . and the stock jumped right back to $4 bucks. Or is that just an unrevealed part of the game plan? Rande Is