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To: stockman_scott who wrote (48880)	3/22/2002 3:43:35 AM
From: Timetobuy	Respond to of 65232

He's dissing Wmt? NO! You mean they aren't a "value" stock? It's a nice widow and orphan stock I guess. Then again, so was AT&T.

To: stockman_scott who wrote (48880)	3/22/2002 10:56:14 AM
From: Sully-	Read Replies (1) \| Respond to of 65232

Associated Press Report: Enron Board Blames Skilling Report: Enron Board Blames Ex-CEO Skilling for Company's Woes, Including Secret Partnership Deals DALLAS (AP) -- Enron Corp.'s board of directors had expected former Chief Executive Jeffery Skilling to protect the company in a series of off-the-books partnerships and was angered to learn the deals were mishandled, according to a published report................ biz.yahoo.com

To: stockman_scott who wrote (48880)	3/22/2002 3:22:06 PM
From: Sully-	Respond to of 65232

Hope the trip is going well Scott........... Many US firms seen with Enron-style pension focus WASHINGTON, March 22 (Reuters) - Retirement plans at nearly one-third of America's top 50 companies are heavily invested in their own stock -- even more heavily than Enron was before its bankruptcy, said a congressional study issued on Friday........................ biz.yahoo.com

To: stockman_scott who wrote (48880)	3/22/2002 7:43:24 PM
From: Sully-	Respond to of 65232

- Blunder at the Border Federal officials are on the lookout for four Pakistani nationals who are in the United States illegally after leaving a freighter that had been docked in Virginia sometime last weekend............ - US troops found Afghan biological weapons lab LONDON, March 22 (Reuters) - U.S. troops battling remnants of the al Qaeda network in southeast Afghanistan uncovered a biological weapons laboratory during recent mountain operations, a British government source said on Friday...... - State Warns Nonessential Personnel to Leave Pakistan........ - U.S. Embassy in Bosnia Closes After Receiving Terrorist Threat. Safety measure comes days after police raided an Islamic charity............ - U.S. lists Al Aqsa Martyrs Brigades as terror group......... alertnet.org foxnews.com foxnews.com foxnews.com cnn.com

To: stockman_scott who wrote (48880)	3/26/2002 4:09:13 PM
From: Sully-	Respond to of 65232

What, Us Worry? No Fear in QQQ Options By Christopher Johnson 3/26/2002 11:25 AM ET The QQQ single-day volume put/call ratio is a tool that compares the daily put volume to daily call volume in the front-three month options. When the volume of puts outweighs the volume of calls, the ratio moves higher signaling pessimistic investor activity. Conversely, when calls outpace puts, the ratio moves lower, indicating that investors are looking forward with an optimistic view. Extremely high readings of this ratio have been indicative of short-term strength for QQQ shares. On average, this single-day ratio checks in around 1.85, meaning that there are 185 put contracts traded for every 100 call contracts. Yesterday's single-day volume put/call ratio for the QQQ's came in at a low 0.63, especially when you consider that the QQQ's were down over 3.5 percent yesterday. While single low readings of this indicator have not historically had consistent bearish implications for the tech-heavy index, a recent study done by our Quantitative Analysis Department shows some interesting results for consecutive low readings of the ratio. Yesterday's reading accounted for the seventh consecutive reading below 1.0 for the QQQ single-day volume put/call ratio. There have been eleven other occurrences in which the ratio has been able to achieve at least seven readings in a row below 1.0 (Table 1 displays these dates.) On average, after these readings, the market has performed poorly with respect to the at-any-time returns for QQQ shares since inception (which aren't too grand themselves.) {See chart @ link} The bottom line of this story is that investors continue to slide willingly down the slope of hope. While today's activity in the market may be attributed to a knee-jerk reaction to the release of the surprising consumer confidence numbers, tomorrow's will continued to be driven by the amount of investor optimism that remains in the market. It is important to note, that market bottoms are rarely formed while optimistic sentiment runs wild (as would be the case with these consecutive low readings). Instead, bottoms are normally formed as investors react to adverse market conditions by moving these ratios to extremely high levels. - Christopher Johnson schaeffersresearch.com

To: stockman_scott who wrote (48880)	3/26/2002 4:11:40 PM
From: Sully-	Read Replies (1) \| Respond to of 65232

Enron plantiffs seen set to sue big investment banks By Kevin Drawbaugh WASHINGTON, March 26 (Reuters) - Enron Corp. (Other OTC:ENRNQ.PK - news) shareholders are expected to unveil a lawsuit next week against big investment banks with ties to the bankrupt energy trader, threatening a legal battle with potentially devastating consequences for Wall Street, lawyers said on Tuesday. Frustrated at the dwindling resources of Enron and its former auditor Andersen, plaintiffs' lawyers were on the verge of making claims to the deep pockets of merchant banks by alleging they actively helped Enron to deceive investors, legal sources said. If it can be proved in court that giants such as J.P. Morgan Chase (NYSE:JPM - news), Credit Suisse First Boston and others were in cahoots with Enron, plaintiffs' lawyers stand to win settlements big enough to rock the industry, lawyers said. ``The potential claims dwarf even the enormous resources of the investment banks,'' said Chris Bebel, a partner at the Houston securities law firm of Shepherd Smith & Bebel. ``If the plaintiff firms prevail, they're probably going to extract a handsome settlement. That could force a couple of these investment banks into merger negotiations.'' Legal sources said the law firm of Milberg Weiss Bershad Hynes & Lerach was expected to annouce a massive lawsuit against the banks next week on behalf of the University of California Regents. Milberg Weiss is already lead plaintiff in litigation against Enron. The suit itself was expected to be filed in early April, the sources said. Spokespersons for JP Morgan, Credit Suisse and other banks declined to comment. Privately, bankers have scoffed at the plaintiffs' attorneys, who also have threatened Enron-linked law firms, accounting firms and even public relations firms. As it has become clear that bankrupt Enron and struggling Andersen may have little to offer legal claimants, plaintiffs' attorneys have been sizing up ways to tap others' riches. ``Plaintiffs are getting very interested in theories of secondary liability,'' said Bill Lerach, partner at Milberg. Speaking at a legal conference here, Lerach said the Enron action was becoming difficult for plaintiffs because of the dwindling resources of Enron and Andersen. Dozens of shareholder lawsuits were filed against Houston-based Enron after its stunning collapse last fall, which wiped out billions of dollars in investor equity. Andersen, the Chicago-based Big Five accounting firm, has also been sued by shareholders alleging they were duped. Enron filed the largest bankruptcy in U.S. history on Dec. 2, putting legal claims against the company on the back-burner. Andersen was indicted by federal authorities on March 14 on a charge of obstruction of justice, accelerating a client exodus and raising doubts about the firm's future. biz.yahoo.com