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Strategies & Market Trends : January Effect 2003 -- Ignore unavailable to you. Want to Upgrade?


To: Q. who wrote (106)1/21/2003 9:53:02 AM
From: RockyBalboa  Respond to of 666
 
Thanks. I also watch every day another stock taken out and shot. Thats not the way how it works. I have siliar problems with DLIAs. I should have given the stock a boot after FAOO announced their BK.

I agree that technically SBLU behaved nicely.

SBLU will go Ch.11. They have hired Houlihan Lokey Howard & Zukin, a prominent Ch.11 specialist which is the message to shareholders that any kind of restructuring will be balance sheet related.

I remotely remember a negative mention of SBLU but not exactly where. It was related to legal problems they ran into with music distributors about their dvd gadgets.

Your portfolio is doing nice. Buyers of german stocks don't have much of a January effect at all.



To: Q. who wrote (106)1/21/2003 10:21:45 AM
From: semi_infinite   Respond to of 666
 
2 of the companies on my first iteration list released disastrous news recently, CLRO and LUME. Neither made my final cut. LUME I felt unease because of the CEO's resignation/firing subsequent to my first iteration. CLRO news is a surprise to say the least.



To: Q. who wrote (106)1/21/2003 9:01:59 PM
From: Londo  Respond to of 666
 
>> Yahoo shows that they have a debt/equity ratio of 23, which is really very high. <<

In all fairness to SBLU, this is because their equity is 8 cents per share, which means that the D/E ratio is dominated by the E and not the D. A better screen might perhaps be debt to market capitalization ratios of less than 2. (SBLU's is 4.2 right now)