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tjg417
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Anyone think that Enron will be a good investment anytime soon? It jumped from .03 to .07 last week.
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rajarammx
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Well, I have ENRONQ since it bankrupted, but did the foolish mistake of buying in @ 0.80 cents. Remember all the hulabula & the psychology surge it had in 1-2 days (I think it was like from the 20c to 80c)

Well, I fell for it & bought at the upperside. Since then it has been falling to the 0.05 area.

Well, I kept it, but nice to hear that it is actually recovering something. I will do some more DD.


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metal1
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i would guess they will be recapitalized so current equity holders will get nothing. my guess only
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rajarammx
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I guess I do not understand what you are saying about recapitalizing & current equity holders getting nothing ?
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Nibblesworth
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From what I know, when a company's BK is finalized and cleared of the courts, the old stock is dumped and a new stock symbol is created with brand new shares.

At least that's the case with old MCI stock. As far as I know (which is very little), old Enron stock will drop to 0.0000 cents when the BK is over with.


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Bob Frey
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The stock could be worth zero or it could be worth something after BK.

I had the stock in WANG years ago and when they came out of BK all of the old shareholders stock was converted to warrents. I think the conversion was 1 warrent for every 23 shares of the old stock. I paid about 0.125 cents a share for the old stock. Sold the warrents at about $7.50 each for a nice profit. I think the warrents got over $20.00 bucks at one time.

Though stock will most of the time as far as I can recall be worthless after a BK as said above it can be very valuable too.


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bauer
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Anyone know what the new stock symbol will be?
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realityinc21
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quote:
Originally posted by rajarammx:
I guess I do not understand what you are saying about recapitalizing & current equity holders getting nothing ?

R

WHEN THE BANKRUPCY FOR ENRON IS SETTLED--(I WILL TRY TO FIND THE SEETLE DATE AT THE END OF TRADING TODAY) SHARES THAT ARE OUTSTANDING WILL BE WORTHLESS. ENRON WILL REORGANIZE AND COMPLETELY NEW SHARES WILL BE OFFERED LIKE A BRAND NEW COMPANY. ENRON WILL BE ABSOLVED OF ALL DEBT. INCLUDING THE DEBT THEY OWE TO YOU AS A SHAREHOLDER.

I HAVE TRADED MANY BANKRUPT STOCKS--THE LAST WAS KMRTQ. KMART...MADE A LOT OF MONEY ON KMRTQ. THE STOCK USUALLY FALLS TO .01 OR SO AND DAYTRADERS JUMP TO ATTENTION. EASY MONEY. YOU ARE SAFE TRADING THIS STOCK RIGHT UP UNTIL THE SETTLEMENT DATE.

I HOPE THAT HELPS YOU SOME.

------------------
DIANA


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realityinc21
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HEADS UP--300 SIGNAL BID ON ENRON. BANKRUPCY SETTLEMENT A LONG TIME OUT. IT HAS HIT THE BOTTOM AT ABOUT .03 SHOULD BE SOME INTERESTING TRADING DAYS AHEAD. VOLUME AND BUYS ARE BUILDING.

A WATCH LIST MUST. OPINIONS??

NEWS ON ADO ALSO PUTS THIS ON MY BOTTOM FEEDING WATCH LIST. TOOK A DIVE ON RUMORS AND PANIC AND SOME DEALING WITH ENRON THAT WILL BE RESOLVED. SOLID COMPANY. I WILL BE LOOKING FOR A LOW. IT COULD BE BETTER THAN MACY'S BARGAIN BASMENT SALE.

OPINIONS??

By Goran Mijuk and Katharina Bart

Of DOW JONES NEWSWIRES

ZURICH (Dow Jones)--Adecco S.A. (ADEN.VX) shares and bonds moved higher Thursday as some investors decided to risk taking long positions a day after a source close to the company said the reason for delaying publication of the accounts may be clarifiedwithin days rather than weeks.

Three days after Adecco revealed it had hired a lawyer to look at its internal controls, some market participants see the absence of news as an indication that Adecco isn't a disaster like Parmalat Finanziaria SpA (PRF.MI). or Enron Corp (ENE).

Both equity and debt prices rose Thursday. At 1500 GMT shares of Adecco were up 5%, or CHF2.9, to CHF60.5. The share hit a low of CHF42.7 Monday after the company announced the delay in publishing the accounts.

Adecco's euro-denominated bond expiring in 2006 was traded at 99%-100.5%, up from 93% Monday, when the company said it started an internal probe into accounting problems, citing control weakness in North America and compliance issues in other countries.

"It's very difficult to see into Adecco, but if in doubt, it's better to be on the long side," a trader at a Swiss bank said.

Fund managers were equally upbeat, brushing off fears that the company could be embroiled in a major accounting scandal of the scope of Italy's Parmalat.

"If you read the press release between the lines, you would have realized it's not about possible accounting irregularities but control issues," said Robert Scholl, fund manager at Aargauische Pensionskasse, which has around CHF3 billion in assets under management.

Scholl's view dovetails with comments from Chief Financial Officer Felix Weber, who denied accounting irregularities in an interview with The New York Times. He said the probe was due to a change in the audit approach of Adecco.

"We started to buy at around CHF45 and we also bought options to profit from the volatility of the stock," Scholl said. He expects the stock to move toward CHF80 in a few weeks once the issue is fully resolved.

"The worst case that could happen is that the company may readjust the value for some of its U.S. businesses," he said, shrugging off fears Adecco may have to restate its earnings and revenues.

Meanwhile, Credit Suisse First Boston, which rates the stock outperform with a CHF87 price target, said in a report this week that any adjustments to earnings and revenue may be minor, if necessary at all, and limited to a region that accounts for 10% of projected 2004 revenue.

Analysts are speculating that Adecco's problems center around goodwill at its Olsten unit, a U.S. company bought for $1.55 billion in 2000. The market talk is that the company could take an impairment charge of around EUR500 million.

The charge may be necessary if the U.S. unit, which suffers from low profit margins, has lost value since Adecco bought it, triggering an immediate value adjustment under U.S. accounting rules.

Adecco also reports under U.S. Generally Accepted Accounting Principles, or GAAP, because it has American Depository Rights listed in the U.S.

Adecco declined to comment Thursday.

Standard & Poor's, which cut its rating for Adecco earlier this week to a notch above junk grade status, noted that an impairment charge would be a non-cash item.

"What is really important for Adecco to keep its investment grade is its cash position," said S&P analyst Melvin Cooke.

Adecco's cash position as of the end of September 2003 was still strong, with EUR987 million in cash and short-term debt of EUR173 million.

Fund manager Dieter Winet of Swissca, Switzerland's third largest asset manager with CHF30 billion in assets, said the fund also bought Adecco shares at the low earlier this week, but he declined to say if he is continuing to do so. The fund had Adecco underweight in its portfolio because its price was higher in comparison to peers, he said.

Winet said he wasn't very concerned about the current inquiry by the U.S. Securities and Exchange Commission, which he said seemed like standard procedure. He also said the sharp fall of Adecco's shares was mainly due to U.S. funds selling because their rules require them to in such a situation.

But Adecco's silence on the subject since its statement Monday left room for uncertainty and worryDespite the willingness of some investors to buy the company at or near its low, many analysts lowered their ratings on Monday.

"There's nothing in the SEC rules about staying quiet", said Karl Nagel from Karl Nagel & Co., a California-based company that provides accounting oversight compliance services for public companies subject to the Sarbanes-Oxley legislation of 2002.

"What's happening right now is that they're on a full scale internal red alert, with the attorneys controlling all public information," he said.

In the absence of information, investors uncomfortable with the risk are keeping their distance.

"The risks surrounding Adecco are still high," said Rolf Kunz, analyst at Zuercher Kantonalbank, who downgraded the stock to underweight and criticized the vagueness of information that left investors in the dark about the extent of the problem.

Company Web Site: http://www.adecco.com

-By Goran Mijuk, Dow Jones Newswires; +41 1 211 70 14; goran.mijuk@dowjones.com

(END) Dow Jones Newswires

01-15-04 1033ET- - 10 33 AM EST 01-15-04

**Brought to you by Scottrader, a product of Scottrade Inc**

------------------
DIANA


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fastrunner
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Hi Diana,

Are you using Scottrade? My brother has an account with them and it seems that they are not penny stock friendly. their commissionis way toohigh. Any thoughts? Thank you.

Fastrunner

quote:
Originally posted by realityinc21:
HEADS UP--300 SIGNAL BID ON ENRON. BANKRUPCY SETTLEMENT A LONG TIME OUT. IT HAS HIT THE BOTTOM AT ABOUT .03 SHOULD BE SOME INTERESTING TRADING DAYS AHEAD. VOLUME AND BUYS ARE BUILDING.

A WATCH LIST MUST. OPINIONS??

NEWS ON ADO ALSO PUTS THIS ON MY BOTTOM FEEDING WATCH LIST. TOOK A DIVE ON RUMORS AND PANIC AND SOME DEALING WITH ENRON THAT WILL BE RESOLVED. SOLID COMPANY. I WILL BE LOOKING FOR A LOW. IT COULD BE BETTER THAN MACY'S BARGAIN BASMENT SALE.

OPINIONS??

By Goran Mijuk and Katharina Bart

Of DOW JONES NEWSWIRES

ZURICH (Dow Jones)--Adecco S.A. (ADEN.VX) shares and bonds moved higher Thursday as some investors decided to risk taking long positions a day after a source close to the company said the reason for delaying publication of the accounts may be clarifiedwithin days rather than weeks.

Three days after Adecco revealed it had hired a lawyer to look at its internal controls, some market participants see the absence of news as an indication that Adecco isn't a disaster like Parmalat Finanziaria SpA (PRF.MI). or Enron Corp (ENE).

Both equity and debt prices rose Thursday. At 1500 GMT shares of Adecco were up 5%, or CHF2.9, to CHF60.5. The share hit a low of CHF42.7 Monday after the company announced the delay in publishing the accounts.

Adecco's euro-denominated bond expiring in 2006 was traded at 99%-100.5%, up from 93% Monday, when the company said it started an internal probe into accounting problems, citing control weakness in North America and compliance issues in other countries.

"It's very difficult to see into Adecco, but if in doubt, it's better to be on the long side," a trader at a Swiss bank said.

Fund managers were equally upbeat, brushing off fears that the company could be embroiled in a major accounting scandal of the scope of Italy's Parmalat.

"If you read the press release between the lines, you would have realized it's not about possible accounting irregularities but control issues," said Robert Scholl, fund manager at Aargauische Pensionskasse, which has around CHF3 billion in assets under management.

Scholl's view dovetails with comments from Chief Financial Officer Felix Weber, who denied accounting irregularities in an interview with The New York Times. He said the probe was due to a change in the audit approach of Adecco.

"We started to buy at around CHF45 and we also bought options to profit from the volatility of the stock," Scholl said. He expects the stock to move toward CHF80 in a few weeks once the issue is fully resolved.

"The worst case that could happen is that the company may readjust the value for some of its U.S. businesses," he said, shrugging off fears Adecco may have to restate its earnings and revenues.

Meanwhile, Credit Suisse First Boston, which rates the stock outperform with a CHF87 price target, said in a report this week that any adjustments to earnings and revenue may be minor, if necessary at all, and limited to a region that accounts for 10% of projected 2004 revenue.

Analysts are speculating that Adecco's problems center around goodwill at its Olsten unit, a U.S. company bought for $1.55 billion in 2000. The market talk is that the company could take an impairment charge of around EUR500 million.

The charge may be necessary if the U.S. unit, which suffers from low profit margins, has lost value since Adecco bought it, triggering an immediate value adjustment under U.S. accounting rules.

Adecco also reports under U.S. Generally Accepted Accounting Principles, or GAAP, because it has American Depository Rights listed in the U.S.

Adecco declined to comment Thursday.

Standard & Poor's, which cut its rating for Adecco earlier this week to a notch above junk grade status, noted that an impairment charge would be a non-cash item.

"What is really important for Adecco to keep its investment grade is its cash position," said S&P analyst Melvin Cooke.

Adecco's cash position as of the end of September 2003 was still strong, with EUR987 million in cash and short-term debt of EUR173 million.

Fund manager Dieter Winet of Swissca, Switzerland's third largest asset manager with CHF30 billion in assets, said the fund also bought Adecco shares at the low earlier this week, but he declined to say if he is continuing to do so. The fund had Adecco underweight in its portfolio because its price was higher in comparison to peers, he said.

Winet said he wasn't very concerned about the current inquiry by the U.S. Securities and Exchange Commission, which he said seemed like standard procedure. He also said the sharp fall of Adecco's shares was mainly due to U.S. funds selling because their rules require them to in such a situation.

But Adecco's silence on the subject since its statement Monday left room for uncertainty and worryDespite the willingness of some investors to buy the company at or near its low, many analysts lowered their ratings on Monday.

"There's nothing in the SEC rules about staying quiet", said Karl Nagel from Karl Nagel & Co., a California-based company that provides accounting oversight compliance services for public companies subject to the Sarbanes-Oxley legislation of 2002.

"What's happening right now is that they're on a full scale internal red alert, with the attorneys controlling all public information," he said.

In the absence of information, investors uncomfortable with the risk are keeping their distance.

"The risks surrounding Adecco are still high," said Rolf Kunz, analyst at Zuercher Kantonalbank, who downgraded the stock to underweight and criticized the vagueness of information that left investors in the dark about the extent of the problem.

Company Web Site: http://www.adecco.com

-By Goran Mijuk, Dow Jones Newswires; +41 1 211 70 14; goran.mijuk@dowjones.com

(END) Dow Jones Newswires

01-15-04 1033ET- - 10 33 AM EST 01-15-04

**Brought to you by Scottrader, a product of Scottrade Inc**



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realityinc21
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[QUOTE]Originally posted by fastrunner:
Hi Diana,

Are you using Scottrade? My brother has an account with them and it seems that they are not penny stock friendly. their commissionis way toohigh. Any thoughts? Thank you.

Fastrunner [/QUOTE

I USE SCOTTRADE AND AMERITRADE AND E-TRADE. MY FAVORITE IS SCOTTRADE. I KNOW THEY HAVE AN ADDITIONAL FEE. NOT SURE BUT I THINK IT IS ABOUT 2.50 ON A 500.00 TRADE. THAT PLUS THE 7.00 TRADE FEE IS STILL LOWER THAN AMERITRADE. WHEN YOU MAKE BIGGER TRADES IT IS OF COURSE MORE. I TEND TO BUY IN 500.00 INCREMENT. LIKE 500.00 AT .002-500.00 AT .0022 AND SO ON. I SELL THE SAME WAY. I GUESS I AM JUST CONDITIONED TO WHAT I LIKE AND THE FEE'S ARE ACCEPTABLE AND WORK WITH MY TRADING STYLE. I LIKE BEING ABLE TO TALK TO A BROKER IF I WANT TO ABOUT MY ACCOUNT. I LIKE THE PERSONAL TOUCH OF SCOTTRADE. THE PEOPLE IN MY AREA OFFICE IN INDIANAPOLIS INDIANA ARE THE BEST. I MAKE A LOT OF TRADES AND CAN NOT ALWAYS BE AT A COMPUTER. AT THE TOUCH OF THE AUTO DIAL THEY EXECUTE TRADES FOR ME. THAT IS AN ADDITIONAL FEE BUT SOMETIMES IT IS IMPORTANT TO MAKE THAT TRADE.
LIKE THIER TRADING SCREEN MUCH BETTER. GRAPHICS ARE GREAT. NO ADDITIONAL FEE'S FOR LEVEL 11 QUOTES OR STREAMING REAL TIME NEWS FOR EITHER SCOTTRADE OR AMERITRADE. I DO NOT REALLY USE E-TRADE AT ALL ANYMORE. I HAVE HAD THAT ACCOUNT SINCE BEFORE I EVEN NEW SCOTTRADE OR AMERITRADE EXISTED--NOT SURE BUT I DO NOT THINK THEY DID EXIST THEN. E-TRADE WAS LIKE A GOD BACK IN THE DAY. OPENED UP A WHOLE NEW WORLD OF TRADING AND WITH A BRAND NEW TANDY 1000 I THOUGHT I COULD WALK ON WATER. KEPT BECAUSE IT IS A MARGIN ACCOUNT AND HOLD A FEW LONGS IN IT FROM THE DARK AGES. I DID NOT DAYTRADE THEN BUT DID BUY STOCKS AND KEPT TILL DEATH DUE US PART. THAT IS WHAT WE WERE ALWAYS TAUGHT. HOLD HOLD HOLD

FEE'S WILL ALWAYS BE A PART OF THE DAYTRADING EQUATION. SERVICE IS IMPORTANT ALSO. SOMETIMES YOU GET WHAT YOU PAY FOR AND LESS IS NOT ALWAYS BEST.

I WOULD CHECK BACK ON THE THREADS FOR THE LAST MONTH. THERE HAS BEEN SOME GOOD PRO AND CON LIKES AND DISLIKES ABOUT OTHER DISCOUNT INTERNET BROKERAGE FIRMS. SOME I HAVE NEVER HEARD OF BUT SOUND REAL GOOD.

HOPE THIS HELPED YOU OUT.

------------------
DIANA


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Gonnaplode
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Please forgive my ignorance here, but why would anyone be interested in trading in a stock that will disappear when the BK is complete?

This is the second stock that I have seen with increasing pps that is in bankruptcy....I have no clue????

Thanks for any help or advice.


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glassman
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Plode-- it's a fact of life-- set your own rules and live by them--I have made BIG money buying Q's and holding for hours only. I'm not a day trader-- I'm a swing trader--that means I never do more than 4 day trades in a 5 day period. They call the Q's burning matches-- get a light quick and pass it on-- somebody is going to get burned.LOL remember in kindergarten when they played musical chairs-- in this one all the chairs disappear ot once.


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Gonnaplode
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Thanks glassman,

Your post was rather humerous and to the point.

Cheers


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realityinc21
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[QUOTE]Originally posted by glassman:
[B]
Plode-- it's a fact of life-- set your own rules and live by them--I have made BIG money buying Q's and holding for hours only. I'm not a day trader-- I'm a swing trader--that means I never do more than 4 day trades in a 5 day period. They call the Q's burning matches-- get a light quick and pass it on-- somebody is going to get burned.LOL remember in kindergarten when they played musical chairs-- in this one all the chairs disappear ot once.

G

COULDN'T HAVE SAID BETTER. IT'S ON MY WATCH LIST.

------------------
DIANA


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rajarammx
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Well, beside owning ENRNQ I also had RBAK stocks before the bankrupcy.

Had 3500 Shares...

After bankrupcy comeout my 3500 stocks were converted as follows -

47 stocks of common RBAKD
50 warranta RBAKZ
50 warrants RBAKW

Better then lossing all your cash.

I was in bigboards but after the major decline in the last years, I have recently turned my attention to Penny stocks. The risk is the same but I believe Penny could be more rewarding.

Actually I am holding RBAKs until I atleast breakeven with the losses, which will take sometime.

GLTA


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glassman
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Very to the point RAJ- Many "blue chips" not keeping ONE set of books are they. A false sense of secutrity develops in the masses. At least in the pennies you are not surprised when they cheeat--LOL-seriously the issues here are exactly the same. Only there isn't very far to fall and look at all that blue sky above.
The post about the morning plays reminded me of one-- It was a blue chip head fake.
I bought in AMR @7$ or so last May after they had signed a labor contract reducing their overhead considerably. They had been way down from 9-11. The new contracts combined with debt consolidation by issuing shares to creditors made the stock move up a couple dollars and i had just sold some MED so i bought the AMR. Next morning on Bloomberg the CEO of AMR gets on TV and looks right into the camera and says-- We are nowhere near out of the woods yet. Bankruptcy is still an option. I watched my shiny new $7+ drop a dollar within minutes. I sold it for a 20% loss in one day ON A SURE BET right?
The next day or maybe two days later I bought a big stack of OWENQ @.23 and more than doubled it in a couple hours. My high priced broker sent me a letter with the OWENQ sell confirmation letter saying that the broker DID NOT RECCOMMEND the stock and I purchased it against their advice. LOL- I was thinking when was the last time you guys advised me of a stock that even went up? LOL much less doubled in less than one day? Thats when I started looking into online trading and pennies. Best thing I ever did. I still "invest " in blue chips to hold forever or until they get overpiced but I have had much better success at making money here and a lot more fun. If I lose $500 on a penny stock I'm just as upset as if it was a blue chip and a lot more likely to get it back on the same day .By the way if I had just held the AMR it would have doubled in a couple months. I still have that letter disavowing reccommending that OWENQ stock.LOL

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realityinc21
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quote:
Originally posted by glassman:

Plode-- it's a fact of life-- set your own rules and live by them--I have made BIG money buying Q's and holding for hours only. I'm not a day trader-- I'm a swing trader--that means I never do more than 4 day trades in a 5 day period. They call the Q's burning matches-- get a light quick and pass it on-- somebody is going to get burned.LOL remember in kindergarten when they played musical chairs-- in this one all the chairs disappear ot once.


UP 28%

------------------
DIANA


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realityinc21
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quote:
Originally posted by tjg417:
Anyone think that Enron will be a good investment anytime soon? It jumped from .03 to .07 last week.

DJ Dunvegan's Moore Likes ADM, Duke Energy, Bristol-Myers

NEW YORK (Dow Jones)--Though he ranks fourth in CNBC's portfolio-tracking contest, A.C. Moore, chief investment strategist of Dunvegan Associates, stands behind his stock picks, saying they have long-term growth potential.

"Bad things happen to good companies," is Moore's investment mantra, and he tries to see through temporary difficulties to find dividends and sustained growth over time.

Among his top picks is Archer Daniels Midland Co. (ADM), the largest producer of ethanol, an alternative fuel, whose stock, he says, is trading at 74% of its fair value.

Drug-maker Bristol-Myers Squibb (BMY), Moore told CNBC Tuesday, has a good pipeline of products and has overcome structural difficulties. Those factors, coupled with a 4% dividend, bode well for the company, Moore said.

He favors Duke Energy Corp. (DUK), saying it is another good company with a 5% dividend that was hurt by the Enron Corp. (ENE) scandal because the two are in the same business.

And Telefonica SA (TEF) ADRs have already performed well during the past year and seem fairly valued, he said. Telefonica is a major telecommunications company, with operations not only in Spain and elsewhere in the Spanish-speaking world but in Brazil as well.

-By Michelle Rama, Dow Jones Newswires; 201-938-4046; michelle.rama@dowjones.com

(END) Dow Jones Newswires

01-20-04 1209ET- - 12 09 PM EST 01-20-04

**Brought to you by Scottrader, a product of Scottrade Inc**

------------------
DIANA


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realityinc21
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quote:
Originally posted by realityinc21:
[QUOTE]Originally posted by glassman:
[B]
Plode-- it's a fact of life-- set your own rules and live by them--I have made BIG money buying Q's and holding for hours only. I'm not a day trader-- I'm a swing trader--that means I never do more than 4 day trades in a 5 day period. They call the Q's burning matches-- get a light quick and pass it on-- somebody is going to get burned.LOL remember in kindergarten when they played musical chairs-- in this one all the chairs disappear ot once.

G

COULDN'T HAVE SAID BETTER. IT'S ON MY WATCH LIST.

G,

MIGHT BE A GOOD SWING TRADE. IN MAY JUMPED UP TO .76 ON NEWS REGARDING OTHER COMPANIES DEALINGS WITH ENRON.


------------------
DIANA


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bauer
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holy **** 30% gain today already. Oh well, i think PGHI is a better choice for now. Any other DD about ENRNQ?
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Wooter
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IMO DUK is an AWESOME "stable yield stock" buy at the moment. This stock (and ole' grandaddy George's brain) put me through college and I have been watching it for years. It is a great stable Blue Chip stock which has taken beatings from it's California law suit and the Enron scandle/industry in general. Great entry points recently and now for a long-term investment.

The California suit is cleared/settled or in the final stages (I can't remember if it has been completed or not off the top of my head)
non-core assets have been spun off recently and I think I remember that they recently made an upgrade at a top exec position. Also, the industry seems to have weathered the Enron fiasco w/o any other major catastrophies while under the world's microscope.

Anyway, sorry this is a little vague and not a penny, but since it was mentioned I wanted to pass my excitement along to others. If anything check it out. Also, not on top of my technicals enough yet to give a good entry point but I would think anytime now would work well for a long-term strategy.

My 2 cents....
Mike

[This message has been edited by Wooter (edited January 20, 2004).]


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bauer
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Fastrunner, they arent so bad. It is $12 + 1/2% of the principal for OTCBB stocks. Pink Sheets are a ripoff at $22 a trade +1/2% of the principle. It's ok for me because i only trade OTCBB stocks in amounts under $1500. Cheers.

quote:
Originally posted by fastrunner:
Hi Diana,

Are you using Scottrade? My brother has an account with them and it seems that they are not penny stock friendly. their commissionis way toohigh. Any thoughts? Thank you.

Fastrunner



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realityinc21
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quote:
Originally posted by bauer:
holy **** 30% gain today already. Oh well, i think PGHI is a better choice for now. Any other DD about ENRNQ?

YEAH...IT IS A BANKRUPT COMPANY. LOL
SORRY--COULD NOT HELP MYSELF.
ALL THE DD IN THE WORLD IS NOT GOING TO MATTER. THIS IS A GAMBLE. A SWING OR DAY TRADE--DRIVEN SOLEY BY PUBLIC SENTIMENT AND DAY TRADERS.

BE CAREFUL.

I PICKED UP 100,000 SHARES AT .09 AND HAVE SEVERAL BUY ORDERS IN FROM .07 TO .09.

ALSO WILL HAVE MY FINGER ON THE SELL BUTTON.

------------------
DIANA


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realityinc21
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NICE FINISH UP 38%

JUST WANT TO RE-ENFORCE THE FACT THAT I AM NOT RECOMMEDING THIS OR ANY STOCK FOR THAT MATTER.

DAY TRADERS PLAY HARD BALL. LIKE AT THE END OF TODAY--THROWING IN BUYS FOR 1000 SHARES AT 10% ABOVE LAST PRICE. DRAWING IN PLAYERS AND BUILDING INTEREST.

WATCH OUT.

------------------
DIANA


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realityinc21
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GAPPING UP!!!

------------------
DIANA


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keithsan
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Time to watch enron again.....
http://stockcharts.com/def/servlet/SC.web?c=enrnq,uu[m,a]daclyyay[pb50!b10][vc60][iUb14!Lh14,3]&pref=G

ENRNQ - ENRON CORP (OTC)
Date Open High Low Last Change Volume % Change
06/04/04 0.05 0.08 0.05 0.08 +0.02 6264600 +49.02%


Composite Indicator
Trend Spotter (TM) Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Hold
20 Day Bollinger Bands Buy

Short Term Indicators Average: 80% - Buy
20-Day Average Volume - 1266625

Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Sell
50 Day Parabolic Time/Price Sell

Medium Term Indicators Average: - Hold
50-Day Average Volume - 1177286

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Sell

Long Term Indicators Average: 33% - Buy
100-Day Average Volume - 2312539

Overall Average: 48% - Buy

Price Support Pivot Point Resistance

0.08 0.04 0.07 0.09

Click on the indicator for a graphical interpretation of the result
or visit the Learning Center for more information on the studies



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keithsan
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up again today.....
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