Hi Zeev, Any thoughts on DNA? I should have sold two days ago but didn't. Its slowly deflating. I was hoping for a little more interest but I guess the weak market hasn't helped. Thank you!
"We therefore have made the tough choice to sell our SMS subsidiary and to remove it from Cypress's books by the end of the first quarter." http://biz.yahoo.com/bw/050214/145628_1.html
http://www.prudentbear.com/bearschat/bbs_read.asp?mid=260072&tid=260072&fid=1&start=1&am... dmm742 PrudentBear "BearChat" NEW 3/17/2005 12:07:25 PM Tough to be a bear. The nation's largest mortgage player (FNM) circling the drain. The nation's largest insurer and Dow member (AIG) under investigation while CEO forced to resign. Nation's largest employer, best-known company, major mortgage player and Dow member (GM) circling the drain. Nation's largest bank and Dow member (Citibank) ordered by Fed to halt acquisitions to get their house in order.
The biggest players in our financial economy are teetering on the brink, yet the Dow is still less than 3% off 3-year highs. Are all these problems fully discounted by a 3% drop?
Either there's an unbreakable bid under this market or the dam is about to burst.