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Public Heel

07/27/02 6:14 PM

#9046 RE: Zeev Hed #9040

Ze'ev, doesn't the August 14 pledge stipulate that the signer, to the best of his knowledge, believes the company's books, as published, are correct? If so, how could a CEO sign the pledge, then come out with a warning a month or so later? Granted, something may come to the CEO's attention in the interim, but that would look very bad, and I would think they would go to great lengths to avoid it.

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Sir Realist

07/27/02 11:52 PM

#9081 RE: Zeev Hed #9040

Good points, Zeev. As well, there's a federal restatement of past econ indicators due Wed. and I imagine that's priced in too. Tuesday looks like a final low to me, though I still look for some lingering horizontal trading till perhaps the 7th.