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Technology Stocks : Reliability Inc (REAL)
REAL 16.59+1.7%Jan 16 9:30 AM EST

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To: Cody Goebel who wrote (38)5/15/1997 9:16:00 AM
From: Christopher Brainard   of 542
 
Cody, I think the recent move is a realization that the stock was incredibly cheap, the company just bought back a huge block of stock and the earnings per share this year is very likely to jump both due to growth in operations and fewer shares outstanding. Given the rise in stock price it is likely that the momentum boys are getting aboard this fast running train. The mistake might be to sell this guy too soon. Valuation is STILL very reasonable. My gains turn long term next month, hope things do not get too crazy before then. As a value investor this stock is not quite the value it was when I bought in at $6.50, but still nicely interesting.

Happy trading to all.

Chris Brainard ...
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