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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ1065 who wrote (2289)	9/23/2002 11:55:01 AM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 57110

that would be where I would look to start covering. Though it could go lower and showing a little bitty bear flag on the 5min.....of course, that could morph into a bottom too.:-) I covered everything and went flat a little bit ago. I may look for re-entry in a little bit. NVLS has been great for me today.

To: SusieQ1065 who wrote (2289)	9/23/2002 11:58:05 AM
From: Original Mad Dog	Read Replies (2) \| Respond to of 57110

Speaking of falling knives... EDS "upgraded" from Underperform to Neutral by Robert W. Baird: biz.yahoo.com I guess Baird should be applauded if they had EDS on Underperform before this latest debacle. Price to Sales on EDS is now 0.36. IBM, in many ways the most similar company (more accurately, EDS is similar to a portion of IBM's business) has a P/S ration of 1.34. EDS' PE is just above 6; IBM's is 20. I think those numbers will move toward one another over the next three months, as IBM sinks lower and EDS tries to salvage its business and Street rep. If EDS can find a new CEO with credibility that ought to be good for 5 points all by itself.