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Non-Tech : Pillowtex Corp. - PTX
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To: Return to Sender who wrote (3)11/4/1999 8:40:00 AM
From: Paul Weiss  Read Replies (1) of 27
 
I've been wrong, very wrong, on this one so far. So one may want to keep that in mind. To see a gain on my $16-ish purchase price, will take a long time, but I expect it eventually. Before that occurs the dividend will (probably) be suspended. Some investors will give up at such a development. Best guess is that a basing pattern would begin. So, I think PTX looks like dead money with some risk. I'm not buying any more here, but I'm definately not selling, either. Paul
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