James,you old dog, you caught me by surprise again!!!!With Carlton in at this point Martha get out of the doorway.For some peculiar reason ( that I will not ivestigate at this time ) Carlton and I have a very similar investment style;his reccommendation is to buy more on weakness. We now have an army of Cabotites swinging his letter to friends andI don't even want to guess what will happen.Let's see, does anybody remember Presstek, Zoltek, Vitesse semiconductor,Ascend Comm.,Cascade Comm, Iomega,Corrections Corp of Amer.??? Carlton has 4 phases in the stocks he buys and it is described by an ascending hyperbolic curve ending in a 1500% profit of one of his last years model portfolio.Cabotites are used to PEs >200 -300!!! so with Vivus at current PE of 25 , " we have room to grow.I assume he reccommended the stock to his hot telephone wire clientele first so his news letter won't come out until this week,or next week, it is a bi-weekly issue.
Get ready for the ride. |