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Politics : Idea Of The Day

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To: Logain Ablar who wrote (15703)12/18/1997 4:31:00 PM
From: Burjis S.   of 50167
 
TIM! <<Normally the street overreacts to fundamental news changes and you can exploit an opportunity on companies with good underlying fundaments.>>
Tim take a close look at FPFG today it had a wild ride...?option exp or not, I am not sure but the fundementals of this Co are good and yet it has been beaten down from $61.87 to $29.16 today!!(intraday low being $21 13/16!!!!) since NOV 1st this year, especially as there is no ASIAN exposure to FPFG!!
I have another enigma I cannot fathom PHYC is buying MDM (each share of MDM is valued at 1.18 PHYC) yet PHYC closes at $27 11/16 and MDM at $24!!!
Best wishes and keep those posts coming,
Burjis
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