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Zeev Hed

10/14/03 8:31 PM

#160921 RE: WinLoseOrDraw #160915

That is the news that made the price collapse (and might still cause additional collapse tomorrow). It is "par for the course", for a new manager to write off everything including the kitchen sink, so he can start with a clean slate, a nicely padded back pocket (you know the CSCO inventory write off....), and I think that if I know that, the market does as well, or sooner or later, will find out.