Pillowtex Corp. - PTX Message Board

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Non-Tech : Pillowtex Corp. - PTX

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To: Paul Weiss who wrote (6)	11/4/1999 11:23:00 AM
From: Return to Sender	Read Replies (1) of 27

The stock looks very strong again today Paul. I have seen this scenario a number of times before with other stocks. The stock has been beaten down so badly now that even downgrades are not hurting it. That does not mean it will go straight up from here. I doubt that very seriously, but someone is accumulating. Doing away with the dividend will not stop the buying. If PTX can return to profitability and restructure their debt in a favorable fashion then there may never be a better time to buy. Please do your own due diligence. Sender

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