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

To: Justa Werkenstiff who wrote (87835)	6/28/2002 8:19:03 AM
From: Crimson Ghost	Read Replies (1) \| Respond to of 99280

That may be their intent, but I doubt they can pull off. All they can do is to postpone the day of reckoning a little longer IMHO. This applies in triplicate if the buck does not have a decent bounce very soon.

To: Justa Werkenstiff who wrote (87835)	6/28/2002 8:19:10 AM
From: Berk	Respond to of 99280

I agree, except for the scale of it!

To: Justa Werkenstiff who wrote (87835)	6/28/2002 8:20:10 AM
From: orkrious	Read Replies (1) \| Respond to of 99280

is no difference between what they are doing and what the WCOM CFO did. their actions may have been similar, but there is a big difference. The WCOM CFO was employed by the shareholders, and the shareholders made a conscious decision to buy WCOM stock. They did not knowingly buy a fraudulent company, but they did buy the stock. The PPT on the other hand is employed by the taxpayers. The taxpayers are being screwed without ever having made a comparable decision.