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Strategies & Market Trends : Let's Make REAL MONEY (Big, long-term cap. gains)

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To: Berney who wrote (73)	12/22/1997 7:50:00 PM
From: Bill Wexler	Read Replies (1) of 135

Earnings came in a few cents below consensus last quarter. otherwise nothing is wrong with the business itself. It's a well-run company which has been a steady grower in terms of earnings and dividend payout. I sold some at 36 because the stock was getting a bit pricey compared to TTM earnings and the premium growth rate. What's really great about Frontier is that it's still a small, boutique operation with excellent customer service. Even after my last sale, I'm still holding on to 70% of my postition and I will definitely buy more after the new year. If the market co-operates, I may be able to pick up more in the high teens. I originally started buying this stock at 60 cents a share.

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