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Strategies & Market Trends : Value Investing

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To: Ray Rueb who wrote (20448)1/10/2005 2:39:45 PM
From: Lazarus   of 78702
 
understood...

keep in mind though that PSCO is at its historical low. either the company is going to go bust and all is lost invested at these prices...or they limp along and all is dead at these prices...or they execute and find some success with their business model.

if the later occurs - then i see the potential for an easy 5 to 10 bagger from these levels.

there probably wont be any price/volume action on PSCO until there is an indication as to which of the above is most likely to occur.

Lazarus -- the ever speculating

ps -- looks like the majority of the PSCO volume is at bid :(
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