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Strategies & Market Trends : Water! Water! Everywhere and Not a Drop To Drink!
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To: Wade who wrote (280)2/18/2000 8:39:00 PM
From: Arthur Radley  Read Replies (1) of 336
 
I like the fact that someone stepped to the plate at the close today and picked up 20,000 shares on an uptick for AZX. If we can get over this downdraft in the next few days, maybe we can see AZX pick up a point or two. With current earnings of about .40 cents and a PE of 20, they have projected earnings in 2001 of about .80 cents, so just with the current PE level, we are looking at a double in this stock. I would like to think the downside is limited.
Have a good weekend.
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