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Non-Tech : HOMEBASE (HBI)
HBI 6.380+0.5%Nov 7 9:30 AM EST
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To: Yeoman2 who wrote (68)7/24/2000 4:49:32 PM
From: Bill Evans  Read Replies (1) of 99
 
This run by HBI has been strong. With insider buying also happening obviously some believe the stock price is on the way back up. How far up it will go is difficult to guess. The stock is clearly in a break out mode. It could be new buyout rumors, improved earnings, or the optimism over the soon to be open House2Home stores. If it goes over $3 without a lot of profit taking who knows where it will top out.
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