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

To: Siddhartha Gautama who wrote (13028)12/13/2001 10:42:09 AM
From: Sully-  Respond to of 99280
 
10:40 ET Global Crossing (GX) 0.84 -0.28 (-25%): Stock reacting to WSJ report that concern about the company's liquidity is growing. Article states that when a company's debt and bonds fall to such distressed levels, the story often ends with a bankruptcy filing. GX said it would not comment on any bankruptcy rumors yesterday.

10:25 ET Bristol-Myers (BMY) 50.08 -0.37 (-0.7%): Reuters reports that BMY is likely to set 2002 earnings expectations below current consensus, due to legislation that could permit copycats of its blockbuster diabetes drug Glucophage. Article cited analysts.



To: Siddhartha Gautama who wrote (13028)12/13/2001 10:42:59 AM
From: Jim Cash  Read Replies (1) | Respond to of 99280
 
He'll let us know at 5:00 today when he covered.



To: Siddhartha Gautama who wrote (13028)12/13/2001 10:44:14 AM
From: brightness00  Respond to of 99280
 
When you see Softie gloat, it's time to cover.
When you see Softie cover, it's time to short.

vice versa for longs.


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