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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (18528)1/30/2000 1:20:00 AM
From: Ken W  Read Replies (1) of 29382
 
Utility stocks:

I hate sitting here talking to myself in the middle of the night, makes me feel like I need to get a life. The bride and I went to see "Eye of the Beholder"....don't waste your time and money on that one folks. Made no sense what so ever to me, or many of the people in the audience. We all came out shaking our heads.

Anyway, while looking over TE (Teco). One of their investments for 2000 was the purchase of one of CVOL's alternate energy source sites. CVOL has sold several of their sites recently and with the first parts of the payments they are retiring a lot of their convertible debt. The stock has broken out on heavy volume and coming off of a bottom. IMO and the charts CVOL has the potential of going to near 4 in the short term. Presently it is at 1 11/16...and a little overbought. Entry looks to be any pull back on low volume in the 1 3/8 area.

Sergio! John or Myron can I get an opinion on this one TA and FA wise (DD, expert about the convertibles).

Ken
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