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To: rolatzi who wrote (209634)	12/14/2002 3:43:12 PM
From: Tommaso	Respond to of 436258

" >>>>>>>>>Interestingly, in reading today's Barrons, I got the impression that a number of money mangers were recommending JPM as a buy, either based on a recovery or on the relatively high dividend that they pay. On the other hand, in an interview with money manager Jeff Gindel, he thinks we are definitely in recovery and Newmont Mining is his only recommended short.<<<<<<< Did any of them mention that JPM is paying more in dividends than it is earning? And you don't even get to treat it as a return of capital, as far as I know. If Gindel put in his Newmont short at the same time as Fleckenstein went long, his knickers must be around his ankles. Sounds like the markets have driven a lot of people out of their minds.