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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Pancho Villa who wrote (6288)4/6/1998 1:24:00 PM
From: Oeconomicus  Read Replies (1) | Respond to of 18691
 
With a merger they can cook the books

I'm shocked!;-)

Seriously, how's this deal going to be viewed if the market does tank? Between Asia and the normal behavior of securities industry stocks in a bad market environment, those rushing in to buy these today are likely to be very unhappy in a few months. In addition, how much of a hurry do you think Congress would be to change the laws for these guys if the stock market has the masses back home pissed off.

Dear Congressman _____:
Please vote to change the laws governing the banking industry so that Sandy and John can collect huge bonuses for completing their merger.
Your Loyal Constituent,
_________

Bob



To: Pancho Villa who wrote (6288)4/6/1998 1:36:00 PM
From: Roger A. Babb  Read Replies (3) | Respond to of 18691
 
Pancho, a good market top sign is when the longs show up on this thread to gloat at our supposed foolishness. That would place the top at just about now..........