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To: Jacob Snyder who wrote (2233)10/2/2002 5:43:27 PM
From: Return to Sender  Read Replies (1) | Respond to of 13403
 
FWIW BRCM added another 2000 shares short today for a total of 4000 at an average price of 11.34. The SOX ran right up to the 20 day moving average and reversed course.

Anyway I think by the time earnings begin to be reported in a couple weeks a short term investor might want to be long a few semiconductor or semi equipment stocks. Before then though the market will most likely set new lows. There are simply too many negatives to tackle without a clear capitulation bottom to be long term bullish right now.

RtS



To: Jacob Snyder who wrote (2233)10/2/2002 6:06:10 PM
From: puborectalis  Respond to of 13403
 
Martha Stewart is a symbol of what's wrong in corporate America........righteous indignation after being found with your hands in the cookie jar.......Allanwood is already being decorated in her linens,via Kmart.



To: Jacob Snyder who wrote (2233)10/2/2002 9:52:30 PM
From: kdavy  Respond to of 13403
 
OT: Jacob, this is a brutal market. I have about 20% confidence left in my trading abilities. I should watch the market for a while. I still think the semi's will recover. Question is when. Today was a good day to take some quick profits, but not so. I put a bet on lltc to recover by the end of this month. We just have to wait and see.

kdavy



To: Jacob Snyder who wrote (2233)10/4/2002 10:22:34 AM
From: Sam Citron  Read Replies (1) | Respond to of 13403
 
OT Jacob

Ah oh!

Laboratory Corp. tumbles after Q3 warning (LH)
www2.marketwatch.com

Laboratory Corp. of America (LH) is tumbling $10.93, or 33 percent, to $22.25 after the genomic [editorial note: This is an error. LH is a medical testing company.] testing company said late Thursday that third quarter earnings and revenue would miss expectations, due to a continued slowdown in the testing business in key regions. The company said it anticipates the trend continuing in the fourth quarter. Earnings for the quarter ending September are now expected to be 10 percent below the consensus analyst estimate of 49 cents a share. Revenue is expected to be $650 million to $655 million, below analyst projections of $664.2 million. No less than five Wall Street analysts followed by downgrading the stock.

Continued slowdown in medical testing business? How'd that happen? I'm holding 300 shares in my "safe portfolio".

Sam