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Strategies & Market Trends : John Pitera's Market Laboratory

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To: accountclosed who wrote (203)2/26/2000 2:54:00 PM
From: John Pitera  Read Replies (1) of 33421
 
Hi Paul, IT (Gartner Group) is looking like an excellent buy again after this pull-back. You will recall that I mentioned to you a couple of times as IT approached it's 200 dma and a 50% retracement level that I was looking for a pull back to 12 or 13 or so.

We may not be at the bottom tick but I added a fair bit Yesterday.

the company is very cheap based on market cap, price to sales and P/E.

they are dramatically expanding their B2B Ecommerce consulting business, and I also believe that a strategic alignment is in the offing in the coming 2 months.

I reall expect to see it at 30 in 12 or 16 months.

BTW thanks for the hot list mention

John
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