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Strategies & Market Trends : Position Trading Forum
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To: Tim Luke who wrote (2574)9/29/1998 2:44:00 PM
From: Shanker Reddy   of 7247
 
Tim, great thread and interesting discussion.

Here are my short term picks.
bot DIIG 12 (52 wk 11 15/16 - 33 1/2)
bot ESCMF 6 9/16 (52 wk 13 7/8 - 46 3/8)

ESC Medical Systems dropped 8 points today on news of 15% revenue shortfall in 3Q'98 and EPS of 0.20-0.25 VS 0.50 estimates. I believe market over reacted.

Happy trading,

Shanker

PS: always do your DD prior to investing, it's your money at stake
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