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To: 2MAR$ who wrote (59162)	7/1/2002 9:29:49 PM
From: Joe Stocks	Respond to of 208838

Watch to see if the major brokerages run the futures up tomorrow am to kick off those 200 million CIT shares. If the IPO does not go well it will not only be bad for CIT but also an indication of how much fire power the bulls can still muster. Bulls needed an up day today. They failed miserably. I think the bulls may have just let the bears have the day today. With 1.5 biilion shares trading down on WCOM alone it probably was a waste of good ammo to try to fight the the bearish forces. Joe

To: 2MAR$ who wrote (59162)	7/1/2002 11:20:08 PM
From: Ron	Respond to of 208838

Watching to see if the Dow joins the Nasdaq in retesting for a bottom....Quite a ways to go, yet: ttrader.com

To: 2MAR$ who wrote (59162)	7/2/2002 9:10:54 AM
From: DebtBomb	Read Replies (2) \| Respond to of 208838

MS cutting chip estimates, amat, cymi, lrcx, ltxx, klac, klic, nvls, ter, mstn, acls. Why did AMAT split?? gggggg

To: 2MAR$ who wrote (59162)	7/2/2002 10:18:30 AM
From: Dave Gore	Read Replies (1) \| Respond to of 208838

Will Better Earnings Trump Accounting Fears? This typifies the real concern for me. Better earnings will coming in for most companies this quarter or next, but will people trust them and what has gone on in past years? Will be there be a rash of restatements covering the last 1-5 years? No one can talk accurately about a bottom until there is a feeling that most all restatements are out and skeletons have been brought out of the closet...and until clearer and more accurate accounting standards have been established and are being followed. If corporations were smart, they would fess up en masse now. If regulatory bodies were smart, they would impose new accounting standards now. That's the only alternative left and it's the right one. This ain't gonna blow over. Too late for that. Meanwhile, Halliburton and VP Cheney may be the next HUGE shoe to drop. There are charges that HAL may have overstated earnings to the tune of $4B+, while he was at the helm.