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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (18168)	1/7/2000 11:46:00 AM
From: American Spirit	Read Replies (1) of 57584

Just woke up, slept late expecting a market crash in the early morning. What a surprise. Except for LU and my bargain babies BEBE and ANF (undervalued specialty retailers) everything is UP. Wow. My DD stocks (which have have painfully held since October-November) are kicking ass now. A big PC company to buy part of MXTR. Tempted to take profits but may only trim a few to free up cash. Still relatively cheap though volotile. BEBE actually went down today which makes it even more of a screaming buy. With the low float, excellent earnings report, near 52 week low, 17 PE, I see no reason why anyone would sell. Am suspecting manipulation here. Otherwise selling makes no sense. Last year BEBE doubled between January and May. Will it do it again? I'm betting it will. Ditto ANF. Except for that and buying 100 LU at $70 things look great and yes next week should be a good one. Cyclicals having their day and that is excellent for the broad market. No more tech/internet bubble to worry about. Sorry about the CORL misinformation, Rande. Shorts last week were claiming it is just losing money. I never checked it out. Made 6 points on it yesterday so I didn't care either way. Now what about LU. A buy here? Hmmm. Lehman's 95 point target? I remember when IBM reported slower revenues because of Y2K and the stock went to $90 where I bought (and still hold). Could be a similar situation.

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