MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: CharlieChina who wrote (75433)	4/18/2001 11:33:02 PM
From: Doug	Read Replies (1) of 99985

N.G: ALTR is typical of the weeks excitment . Today the stock was up to $28 and up another $2 after close. See:http://biz.yahoo.com/rf/010418/n18516826.html Here we have a stock that in past bear Markets had a P/E of 12 -15. Earnings forecast is 10c for Q2. ( Actually generated by stockpiling Inventory). ALTR has stated it now has 12 mths of Inventory. The new valuation mantra is Price/ Months of inventory.! quite rational; like gold.!

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