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Pastimes : Play It On Paper- Clappy's Newbie Option Thread
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To: Clappy who wrote (156)8/29/2000 2:18:33 PM
From: David Cecil  Read Replies (1) of 176
 
Hi Clappy,

Did not find any bad news on SAPE. Read in an article that the consulting services industry is out of favor right now. SAPE is an expensive stock. So I guess it is a valuation issue. It split today. It may not be the leader, but the earnings looked good. I am more comfortable with buying beaten down leaders. AMZN qualifies that criteria, even though they are yet to show any earnings. The last three weeks have been good for AMZN.

...David
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