Pillowtex Corp. - PTX Message Board

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Non-Tech : Pillowtex Corp. - PTX

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To: Return to Sender who wrote (10)	11/6/1999 10:18:00 AM
From: Paul Weiss	Read Replies (2) of 27

The whole textile sector has been really hammered. I keep an eye on Fruit of the Loom (FTL), Guilford Mills (GFD) because a buddy owns some, and of course PTX. Of the three, I have a strong preference for Pillowtex, and would consider buying more if the cash were available. One of my largest positions is in Olsten (OLS), and as that story will soon play itself out, I expect to use at least some of the proceeds on PTX stock. Is this blood in the streets time? Most small investors (myself included) tend to buy too soon, thinking that the first wave down is a buying opportunity. Paul

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