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Microcap & Penny Stocks : BYX- Bayou Steel

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To: Andrew F who wrote (95)3/8/1999 11:00:00 PM
From: walt zweifel  Read Replies (1) of 101
 
i feel your pain :) in fact i was reconsidering all five of the thinly traded very undervalued stocks i own You know the ones who's performance stinks right about now...BYX may be a good value but liquidity and blue chip is the name of the game right now. Lots of folks talk about a rotation back to value when and if the big cap stuff become too expensive but the P/E's on the biggies still continue to climb and split ....A stock is only worth X if people will buy it...I'm beginning to believe the line i read sometime back "if a stock is suppose to go up and it doesn;t, it's going lower" BYX has all the right things going for it and its supposed to go up.
regards walt
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