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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (12226)	2/4/2002 4:52:35 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 23153

I've been PMing a friend on the matter, here's the gist of my views, perhaps overwrought, but I doubt I'm wrong: -Extremely defense prose from the TYC exec. Very bad sign. More importantly: Message 17009285 The downgrades follow Bermuda-based Tyco's announcement on Monday to tap $5.9 billion of credit lines to pay down $4.5 billion of maturing commercial paper. That's an unusually large drawdown for an investment-grade company. TYC is going bankrupt. Not next year. Soon. The cash burn is too daunting, the Ponzi scheme exposed. Investors learned in 1969 that rollups don't work. Then a new generation of fools was born. They're about to learn that rollups don't work.

To: Think4Yourself who wrote (12226)	2/4/2002 5:38:06 PM
From: RWS	Respond to of 23153

ELN is another target of a former street.com individual who now works for the WSJ. Picked up a few shares today for a bounce. RWS

To: Think4Yourself who wrote (12226)	2/4/2002 6:13:29 PM
From: White Bear	Respond to of 23153

John...You mentioned defense stocks a few days ago. UDI is getting a lot of contracts. You might take a look at it. If you buy it let me know as I would like to get it about 4 pts down from here. GG Sahara

To: Think4Yourself who wrote (12226)	2/4/2002 9:39:50 PM
From: Warpfactor	Read Replies (2) \| Respond to of 23153

JQP, I suspect that "the street" is orchestrating another panic selloff in the wake of Enron. With the original Enron fallout, we heard "This is just the tip of the iceberg!!" ad nauseum. Now that a few other irregularities have been "uncovered" (ELN, HC, GE, TYC), this has served to add fuel to a fire that had been dying out. Allowing the orchrestrators to spread fear for a few more weeks. "See!!! See!!, we're still at the tip, but just slightly below. 75% of that iceberg is still underwater! Better get out now!!" Based on market technical indicators, I'd guess that the the panic will soon be over, but has not yet crescendo'ed. The ARMS Index is now +12 trading days after achieving the 1.5 level - the theory being that this panic wave should play out in the next 8 trading days. Warp