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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (11703)9/7/1999 9:59:00 AM
From: Rande Is  Read Replies (1) of 57584
 
Position traders. . .ALERT: BBY down 4 1/2 at 54 1/2. . caution: falling knife . . . looks like the buying op we've waited on . . .only cause I can find is CC coming out with better than expected earnings. . . .but BBY is the better store by a long shot. . .and has its own terrific earnings.

The Barney says it is overvalued, compared to earnings expectations. . . guess what? I think they are wrong and that earnings will continue to beat expectations. . .and there are several other brokerages that agree.

And I believe this will be a very high-tech Christmas. . . so BBY should beat last year.

Looking to jump on this one today.

Rande Is
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