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January 22, 2003


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In the Dog House
January 22, 2003

Holding the Dogs
January 08, 2003

Send in the Bulls
December 18, 2002

Six Traders, Six Winners, 90% Average Gain Since October
December 04, 2002

Book-um Dano!  Bag an Average 137% on three plays in two months!
November 27, 2002

NT Up 63% - Hold
November 13, 2002

Open positions
November 06, 2002

NASDAQ 2,243 in 2003 – NASDAQ 5,078 in 2016
October 30, 2002

The Future’s So Bright
October 23, 2002

TLK up 8%
October 16, 2002

Still Profiting
October 9, 2002

Midway on Hold
October 2, 2002

MWY Gain
September 25, 2002

HPON on Hold
September 18, 2002

HPON Hold
September 11, 2002

Bullish on Gold
September 4, 2002

DG Reports 8/29
August 28, 2002

Buy Opportunity
August 21, 2002

Retail Survivors
August 7, 2002

Average 20.6% Gain
July 31, 2002

Hold NDN
July 24, 2002

Still Loving the Fall
July 17, 2002

ITRU up 68% - Hits 52-week high at US$3.23
July 10, 2002

NASDAQ Down 31% YTD
July 3, 2002

Take Profits on IBN
June 19, 2002

92% Gains on IBN—Hold
June 12, 2002

Nuclear Cool-Down = 79% Profits
June 5, 2002

Hold Everything
May 29, 2002

Wink up 39% -- Hold
May 22, 2002

Wink up 39%
May 8, 2002

IC Update
May 1, 2002

Book 'em, Dano! Part III: Take 20% on EK and 6% on XOM
April 24, 2002

Hold JPM
April 17, 2002

EK Doing OK
April 10, 2002

Beer Deal of the Century
April 3, 2002

Book 'em, Dano: Take 22% on ABY and 3% on IP
March 27, 2002

31% Gains
March 21, 2002

Sasol Reports
March 13, 2002

Hold Everything
March 6, 2002

SPP Surge
February 27, 2002

Profiting in a Market Slump
February 20, 2002

83% on USOO
February 13, 2002

SPP on the Rise
February 6, 2002

TMCS Earnings
January 30, 2002

Hold all Positions
January 23, 2002

USOO Continues its Streak
January 9, 2002

Chip Sales Rise
January 2, 2002

 

 

 

In the Dog House

By Ian L. Cooper

Wall Street braced itself for a fifth day of losses today, thanks in part to devastating earnings reports from the likes of JP Morgan and Eastman Kodak. Despite the bad news, we are continuing to hold these two plays as part of our Dogs of the Dow portfolio. The rising likelihood of us going to war with Iraq, dizzying rhetoric out of North Korea, and more bad earnings are likely to take us down much further before we begin to see any real improvement.

As for Eastman Kodak, the Dow darling missed Q4 profit expectations and lowered its outlook for this quarter, citing economic difficulties and the problem of making forecasts in a bleak global economy. Pro forma earnings came in at 65 cents per share, three cents below estimates. The company is predicting 2003 earnings of US$2.35 to US$2.95 per share, and could pink slip as many as 2,000 jobs this year.

Things don’t look much better at the JP Morgan Chase camp. A charge of more than US$1 billion for settlements over Enron delivered a quarterly loss of 20 cents per share to its investors. Those numbers were further worsened by a US$390 million charge for merger and relocation costs. Excluding those, the company is saying it earned 36 cents per share. Revenues did rise two 2%, though, because of the Q4 market surge.

 

MMM

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