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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: DanZ who wrote (20899)10/4/1999 10:59:00 AM
From: Larry S.  Read Replies (1) of 53068
 
MAT - a rare opportunity. MAT - MAttel, has been crushed to the 13 area by earnings warning. This stock was touted as a 12 month double when it was 22. - last week !!!. MAT is a quality company caught in major rush to the exits by institutions. barbies has suddenly become unloved. This stock will not just bounce right back, especially in October when the funds will sell their losers. and there will be a lot of tax loss selling on MAT. but 13 is ridiculously cheap - for those with any kind of perspective longer than 2 days. larry
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