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

To: westpacific who wrote (44010)3/26/2002 11:37:01 AM
From: Jdaasoc  Read Replies (1) | Respond to of 99280
 
Did anyone notice that AOL is near 52 W low. IMO this company has some major accounting issues to resolve. Todays $54 B writeoff is either a step in right direction to resolve these issues or start of bond downgrade grind to bankruptcy. Not much on AOL books in terms of assets but goodwill and intangible assets. Not much difference in financial ratios of LU, NT, or WCOM, and what are they trading for.

PS all time high is $88, so 90% potential haircut is $8.8



To: westpacific who wrote (44010)3/26/2002 12:46:58 PM
From: Trumptown  Read Replies (1) | Respond to of 99280
 
So your are either saying:

1. A weak close for the week is bullish for the short term, or

2. It doesn't matter what happens this week, market is going down...

Lemme guess,, it's 2. right?

SR


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