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

To: Zeev Hed who wrote (17406)	1/1/2002 2:16:54 AM
From: Stockdoctor	Respond to of 99280

Zeev...Happy New Year...and thanx for sharing your tremendous insight to market with all of us. Wondering if today's close change turnip's forecast for Jan?

To: Zeev Hed who wrote (17406)	1/1/2002 8:40:25 AM
From: Rich1	Respond to of 99280

My IMCL leaps (Jan 2004 $50.s) that I bought at $14 this a.m. actually finished up $2 on the day..<gg> I think IMCL way over done this week....BWDIK..

To: Zeev Hed who wrote (17406)	1/1/2002 10:21:27 AM
From: orkrious	Respond to of 99280

I think that the next few quarters will actually see more overvaluation there. Anything special you like?

To: Zeev Hed who wrote (17406)	1/1/2002 12:30:02 PM
From: sylvester80	Read Replies (1) \| Respond to of 99280

BMY did not lay out a $ billion in buying 20% and committed another $ billion in milestone payments for the heck of it. Sounds like how CSCO, Nortel and JDSU felt buying companies during the bubble years even as late as Q1 2001 when JDSU consumed SDLI. JDSU ended up with a $50+ billion writeoff on their stupidity. CSCO and Nortel the same. Others as well. So just because someone is stupid enough to pay X for Y, it does mean that X is worth it. It only means that he was stupid enough to pay that much. Of course you don't know that till months later when X is worth X/10. Imclone and other biotechs are beginning to fit perfectly on that scenario. Imclone $75 just 45 days ago, now $45.

To: Zeev Hed who wrote (17406)	1/1/2002 3:07:12 PM
From: mishedlo	Respond to of 99280

If chips falter and I believe they will, especially the semi equip producers such as AMAT KLAC as well as companies tied to telecom such as BRCM PMCS then who is going to lead? bios? Money will always chase something. Why not bios for a while? M