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

To: Zeev Hed who wrote (51477)	4/15/2002 9:17:35 PM
From: Smart_Money	Respond to of 99280

NVLS Another creative accounting scheme..... * Other non-current assets in 2002 include a note receivable of $244.7 million and restricted investments of $34.3 million both related to the company's participation in the synthetic lease financing of our facilities. P.s. If you take the employee stock options tax benefit subtract 35% from the current earnings.

To: Zeev Hed who wrote (51477)	4/15/2002 9:23:50 PM
From: ajtj99	Read Replies (1) \| Respond to of 99280

Thanks, Zeev. Like I said, I don't know the SOXX too well. It will probably take out 600 tomorrow on the open if there are the usual upgrades in the AM. I looked at some P&F charts this weekend on the QQQ that show a breakdown to either 27 or 28. The last couple of times they had breakdowns, they were met at or near the targets after a fake-out, DCB, kiss of death or whatever rally. 28 QQQ would equate to around COMP 1450 or so, which would be a successful re-test of the Sept. lows and could be the launching pad for a rally off deeply oversold levels. I know you are looking for possibly 1600 or 1500 COMP in June. I guess that's a long ways off, but I just wanted to let you know the P&F view down the road.