Tough call for me right now Tony. I think the multiple gap between ALA and the larger players will continue to diminsh. Based on this, I think the one analysts price target of roughly 400 Euros is achievable later this year. My calls all along on ALA have been out 3-9 months. Shorter term, just too many variables, but if general market conditions improve over the next week or two, I think it takes out its all time high of 55.5 and perhaps touches 59-61 before taking a break (approx 330 Euros). I'm still hoping to get out of my June options in the 55-60 range. I'd like to see it blast right through 55 soon.
Remember, these are not official SF calls, just speculation<g>. Sure looks like it wants to go higher. I notice CSCO and IBM trading up slightly after hours. Here's to hoping for a decent story out of DELL and AMAT yet this week.
Maybe Tunica or others will have a more TA oriented, or other opinion, as I just kind of mix together a little bit of TA, FA, general US market conditions, general global market conditions, pending events and some good old fashioned gut feel.
regards,
sf |
