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


To: Jane4IceCream who wrote (67163)5/14/2002 8:42:24 PM
From: Jdaasoc  Read Replies (1) | Respond to of 99280
 
LU

Of all the beat up sub $5 bargains, it seems to have largest market cap of the all or about $ 8B. If maket was going to take it to the scrapeheap like ENE, KM, WCOM or NT, it market cap would be well under $2B IMO.
If push comes to shove Canada probably wouldn't rescue NT but US government would definitely arrange a financial rescue of LU. Also, what would China do if they couldn't appropriate for free more of LU's R&D via Chinese born researchers if they weren't around anymore.<g>