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Non-Tech : Cable Car Beverage (DRNK)
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To: Anthony L. Califano who wrote (77)5/9/1997 8:27:00 PM
From: MKEL   of 284
 
I'm with you on this. We are bouncing a little, however I would be afraid to roll out at a possible peak. The potential for it to turn right around is good, and I'd be left watching from the sidelines, or faced with repositioning at a higher cost, which would obviously destroy any gain I had achieved. I like this stock for its long term potential. Since Jan 96 the largest down-tick trend has been about 5/16 (may to june 96). For a short... You would have to roll a huge volume (not to mention having incredible timing).
This stock likes fairly even long term up-ticks.
Trivia : Jan 96 until today DRNK is up 1.25 (give or take a few cents) Pull a 5 year chart and draw a line right up the middle of the up-tick trend since Jan 96. That line runs into May 97 at very close to 3. That shows even growth. (even with the market fluctuations)
My opinion.
M.
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