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To: Bucky Katt who wrote (10985)5/6/2002 3:48:55 PM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
Naz bounce? Why, is the FED going to cut this week? Now that is a LOL.....
I would play a bounce, with serious, instead of fun money, if & when it takes out the Sept lows. This just needs to take place, on a technical basis. The question then becomes, where will a bottom be formed? Here is an idea, instead of Willy (Wiley) Clinton having a talk show, make hin the new head of the FED!!!!!!!


William:

No bounce this week... : >

The test of the Sept lows, 1387 NAZ, and 944 SPX should do it...

As for a new Fed Chairman, Clinton would certainly "Feel Our Pain" : > But we need someone who can use 100 obtuse words when 5 will do... I wonder if Professor Irwin Corey is available... : > home.xnet.com

Jim



To: Bucky Katt who wrote (10985)5/7/2002 6:26:46 PM
From: Joe Smith  Read Replies (1) | Respond to of 13094
 
Note that the Nasdaq 100 came within 50 points of the September 11 lows and actually tested the 2nd lowest close of the Nasdaq 100 on 9/26, a retest of the 9/21 lows at 1143.48. I am not sure why people pay so much attention to the Compx and use it as a tech bellweather. The Nasdaq 100 is much closer to reality. the Compx has been propped up by financials etc. that have nothing to do with the health of techland.



To: Bucky Katt who wrote (10985)5/10/2002 8:30:18 AM
From: xcr600  Respond to of 13094
 
I figure the only way for the public to trust in co's again is to put the fear of god into these mgmt's. I say execute a few of these bozo's to make some examples and the b.s. will stop.

Friday May 10, 8:13 am Eastern Time
Press Release
SOURCE: Success Systems, Inc.

Peregrine Acting CEO Sued By Partner For Role In Alleged Looting Of Subsidiary

Said To Involve Boosting Peregrine Quarterly Revenue For June 2001

NORCROSS, Ga., May 10 /PRNewswire/ -- Peregrine Systems, Inc. (Nasdaq: PRGN - News) and its acting chief executive Richard Nelson were sued Thursday for their role in the management of a subsidiary -- eXchangeBridge, Inc. (EXB). Success Systems, Inc. is a minority shareholder in EXB and has alleged in the lawsuit that Nelson, as a director at EXB, renegotiated the company's largest service agreement for a large upfront license fee at a huge loss over the term of the three-year contract for the purpose of artificially boosting quarterly revenue for EXB and Peregrine. The suit was filed in Dekalb County Superior Court in Decatur, Georgia.

The complaint alleges that Nelson renegotiated the agreement against the wishes of the other two members of the board and arranged for Peregrine to fire one of them -- the representative from SSI -- on the day of signing the new deal. After the CFO at EXB opposed the recognition of the entire payment in the June 2001 quarter, she was terminated as well. Ultimately, Peregrine was able to maintain its streak of sequential revenue growth.

SSI declined to comment and referred all questions to its attorney, Jeffrey L. Berhold. Mr. Berhold said that the company looked forward to presenting its evidence and making its case in the courtroom.

For further information contact:
Jeffrey L. Berhold
404-872-3800
jeff@berhold.com

This release was issued through eReleases.com - Your Source for Affordable PR. For more information, visit ereleases.com

SOURCE: Success Systems, Inc.