Go to Jeff Salisbury LWGate Home Page.From: "J. Lobatto" <jlobatto@nyc.rr.com>
Subject: Re: [CANSLIM] Banks
Date: Wed, 26 Jun 2002 20:30:25 -0400
Next Article (by Subject): RE: [CANSLIM] S&P index "M" "Hill, Ernie"
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This is a multi-part message in MIME format. - ------=_NextPart_000_0063_01C21D50.4D781620 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Chas, You might want to stick with the smaller regional banks or S&Ls that = probably have little exposure to the Enrons of the world........... ----- Original Message -----=20 From: Chas=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, June 26, 2002 7:06 PM Subject: [CANSLIM] Banks Banks have popped up on my screens occasionally but after initial due = diligence i have always DQ'd them because there is no way to accurately = determine risk that they take on ( bad loans ....poor trading = decisions....etc ). WCOM had loans with US banks as well as other = countries ...200M here and 200M there =3D 3.4 BBBillion. Todays news = just reinforce's my cautions on that sector as a whole. It probably will also result in big cap companies paying a higher = price for the money they borrow which in turn will reduce earnings. A = big stone has just fallen into the lake and the ripples are starting to = spead.I'm sure congress will be all over this one......with another law = that will NOT be enforced. Chas - ------=_NextPart_000_0063_01C21D50.4D781620 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type = content=3Dtext/html;charset=3Diso-8859-1> <META content=3D"MSHTML 6.00.2600.0" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3DArial color=3D#0000ff>Chas,</FONT></DIV> <DIV><FONT face=3DArial color=3D#0000ff></FONT> </DIV> <DIV><FONT face=3DArial color=3D#0000ff>You might want to stick with the = smaller=20 regional banks or S&Ls that probably have little exposure to the = Enrons of=20 the world...........</FONT></DIV> <BLOCKQUOTE dir=3Dltr=20 style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; = BORDER-LEFT: #0000ff 2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV> <DIV=20 style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B>=20 <A title=3D1440lda@tm.net href=3D"mailto:1440lda@tm.net">Chas</A> = </DIV> <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A = title=3Dcanslim@lists.xmission.com=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, June 26, 2002 = 7:06=20 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Banks</DIV> <DIV><BR></DIV> <DIV><FONT color=3D#000000 size=3D2>Banks have popped up on my screens = occasionally but after initial due diligence i have always DQ'd them = because=20 there is no way to accurately determine risk that they take on ( bad = loans=20 ....poor trading decisions....etc ). WCOM had loans with US = banks as=20 well as other countries ...200M here and 200M there =3D 3.4 BBBillion. = Todays=20 news just reinforce's my cautions on that sector as a = whole.</FONT></DIV> <DIV><FONT color=3D#000000 size=3D2>It probably will also result in = big cap=20 companies paying a higher price for the money they borrow which in = turn will=20 reduce earnings. A big stone has just fallen into the lake and the = ripples are=20 starting to spead.I'm sure congress will be all over this = one......with=20 another law that will NOT be enforced.</FONT></DIV> <DIV><FONT color=3D#000000 size=3D2></FONT> </DIV> <DIV><FONT color=3D#000000 = size=3D2>Chas</FONT></DIV></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0063_01C21D50.4D781620-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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