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

To: T L Comiskey who wrote (30720)	2/18/2002 10:00:11 AM
From: Ted Downs	Read Replies (1) \| Respond to of 99280

TL, Thought I'd look at IC also since it was mentioned. Re: their merger I was fascinated by the phrases in their "forward looking" statements. Except for the historical information contained herein, statements in this release which contain words or phrases such as "will," "aim," "will likely result," "believe," "expect," "will continue," "anticipate," "estimate," "intend," "plan," "contemplate," "seek to," "future," "objective," "goal," "project," "should," "will pursue" and similar expressions or variations of such expressions may constitute "forward-looking statements". Now I see they forgot "maybe", "possibly", and "just a freaking guess". This kind of legal disclaimer really gives me a lot of confidence in this day and age. <g> Ted

To: T L Comiskey who wrote (30720)	2/18/2002 1:28:02 PM
From: Vijay Raghavan	Read Replies (1) \| Respond to of 99280

OT - IC - In indian market they started booking profit today in this, since the news about 49% foreign investment limit finally hit the market.. in.biz.yahoo.com So ADRs may weaken a little bit this week. I may take profit if it breaks 7.25 or so. However It has a better potential to see double digit within the next few months, since it is very undervalued at this time. There are lot of rumors floating about citibank buying a huge stake in IC and there was a new release a few days back that Moodys credit rating of IC is higher than any bank in india as well as their rating of India itself!