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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (11342)2/2/1999 10:31:00 AM
From: Gator   of 25711
 
Turnaround situation: ERAW. $1 1/2, big volume coming in today. 52wk high: $12 1/2. Extremely oversold from buyout from Asian firm that fell thru due to Asian currency crisis. Brought in turnaround specialist (today's news). Rumors of another buyout also circulating again. Underlying business is very strong. Recent acquisition of Digicon Technologies expected to add $20 million in revenues and $5 million net earnings (around $0.50/share, I think).

Gator
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