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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: MaryC who wrote (52323)7/23/1999 12:35:00 PM
From: SMALL FRY  Read Replies (2) of 120523
 
TWE - Even at the outset with 42 million shares IPO'ed btwn US and Canada and an additional 27 million overseas I never for once thought this will move screaming out of the gates (I had hopes)... it's more on the IT/LT class. The fact that Waterhouse National Bank won't lend money (margin) to buy their own shares strengthens my belief that the management don't want their stocks played like a Yo-yo. Slow and steady... they want investors to hold on and not run on margin calls during down markets. We'll see... maybe I'm all wet... maybe I'm just a Waterhouse diehard...

Regards,
SF
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