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Non-Tech : Argosy Gaming Co. (AGY)

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To: Grant Hurford who wrote (192)7/20/1999 8:25:00 PM
From: Techlad  Read Replies (2) of 259
 
Good to see strong upward momentum continuing through this volatility.AGY marches on despite overall market weakness.Since I have from time to time been in the internet stocks I can say that many have a habit of moving up sharply leading to earnings,and selling off just before release.Them having in many cases no earnings make it difficult to value them.P/E's in some cases in the 000's.That is not the case here.AGY is making money and a lot of it,and its P/E does not suggest being overbought as it is still below the sector avg.AGY will not surprise(us anyway}but will handily beat the street consensus.While I can see some taking their profits,substantial in some cases(more than a triple in less than six months for me)AGY fundamentals will justify more upward movement.IMO we can easily see $15+ during next qtr.

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