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Non-Tech : Canadian vs. US Banks--Better PE and rising C$

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To: thebeach who wrote (95)6/3/1997 12:43:00 AM
From: marcos   of 230
 
Well, you never know, but if stability benefits business, and I believe it certainly does benefit any interest-sensitive business, then in the short term there could be a little upswing, in fact I'm betting on it.......I've been dipping into the ol' margin again recently to buy GTA (under 3 bucks, that is), CWB, SMS, and PEM......and even a little CM, your favourite.......

Tell me, beach, what's your reason for expecting a dollar this quarter for CM? Just curious, that's all......82 cents is what one analyst is expecting and that's pretty good......BTW, I may revise my sell figure of 39 upwards due to capital gains tax, haven't figured it out yet.........sometimes it's better to just hang on through dips instead of realising the gain and handing the government a percentage......and then you don't have to worry about getting back in for the bounce, as well.......

Looks like Reform took B.C....amazing, eh?....NDP provincially and Reform federally.......haven't seen all the results yet, though.....

Good luck with those calls, a bounce in CM is entirely possible, imho, but remember, you can't go broke taking profits......and I heard somewhere "Only liars get the tops"......I used to worry about leaving something on the table, but not any more, there's lots of good homes for those nickels........
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