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Strategies & Market Trends : Lizard King's Trading Swamp

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To: LzzrdKing who wrote (4781)2/28/1998 10:38:00 PM
From: james r. davila   of 7396
 
Found interesting stock while scanning, called TMAX (TOYMAX).
It had IPO in October around 8.50, and now trading in high 7's.
Where's that "hotwater" (sic) when you need him.
Stock seems to have consolidated and seems to be in that hot toy industry,ie. THQI, ACTIVISION, etc....Sony Playstation
P/S is around 1.05 and P/B around 9.0. It also has ok cash flow now and reasonable debt due to the IPO.
They made 45 cents in 3rd quarter, with estimate of 25 cents. Blowout.

Anybody please would be appreciated, especially you chart people.
Lzzrd, thanks for read on IFCI, I do like it's bounce off 50 DMA, but what do you think about the other cheapie I mentioned ACTC?

jim
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