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Could you hint what is a '9 pattern' ?
Thanks
vin
--- Clyde Lee <clydelee@xxxxxxxxxx> wrote:
> The attached is a representation of all the swings
> which have
> occurred from a 9 pattern since 1995.
>
> Note that few of them exceed the prior peak.
>
> Also note that this last down leg is a lot steeper
> than any before
> and is almost as large in magnitude as the worst
> that went
> before.
>
> Clyde
>
> - - - - - - - - - - - - - - - - - - - - - - - - - -
> - -
> Clyde Lee Chairman/CEO (Home of
> SwingMachine)
> SYTECH Corporation
> email:clydelee@xxxxxxxxxxxxxxxxxxx
> 7910 Westglen, Suite 105 Office: (713)
> 783-9540
> Houston, TX 77063 Fax: (713)
> 783-1092
> Details at:
> www.theswingmachine.com
> - - - - - - - - - - - - - - - - - - - - - - - - - -
> - -
>
> ----- Original Message -----
> From: "profitok" <profitok@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Sunday, September 22, 2002 10:36 AM
> Subject: Re: [RT] LU
>
>
> > I would also take 10-15 cents and bail out
> > Ben
> > ----- Original Message -----
> > From: "Gary Funck" <gary@xxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Sunday, September 22, 2002 9:38 AM
> > Subject: RE: [RT] LU
> >
> >
> > >
> > >
> > > > -----Original Message-----
> > > > From: Daniel Goncharoff
> [mailto:thegonch@xxxxxxxxxx]
> > > > Sent: Sunday, September 22, 2002 5:20 AM
> > > > To: realtraders@xxxxxxxxxxxxxxx
> > > > Subject: Re: [RT] LU
> > > >
> > > >
> > > > LU is interesting, if the data I am looking at
> are correct.
> > > >
> > > > Market cap is down to $3.6BB, and cash per
> share is $1.58. A buy out
> > > > around $1.50 pays for itself!
> > > >
> > > Something else to look at: net tangible assets,
> > > http://biz.yahoo.com/fin/l/l/lu_qb.html
> > > dropped from $8.78B to $0.55B in just the past
> quarter. At the same
> time,
> > > shareholders equity dropped from $10.6B to
> $0.9B. With 3.43B shares
> > > outstanding, there is about $0.17/share in net
> tangible assets.
> > > LU is projected to lose -$0.59 per share for
> next year (ending
> Sept-2003).
> > If
> > > they do that, they'll likely wipe out their
> remaining net tangible
> assets
> > per
> > > share, which will leave the shareholder with
> negative value per share.
> > BTW,
> > > revenues are expected to drop from 12.2B this
> year to 9.5B next year
> > (a -23%
> > > drop in business) - no one is expecting a
> turnaround just yet.
> > >
> > > Even as an asset play, LU looks pretty bad,
> because of all its debt, and
> > low
> > > net tangible assets per share.
> > >
> > >
> > >
> > >
> > > To unsubscribe from this group, send an email
> to:
> > > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > >
> > >
> > >
> > > Your use of Yahoo! Groups is subject to
> http://docs.yahoo.com/info/terms/
> > >
> > >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
> http://docs.yahoo.com/info/terms/
> >
> >
> >
>
> ATTACHMENT part 2 image/gif name=junk0.gif
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