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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (12951)	8/17/2001 11:13:59 AM
From: doug5y	Read Replies (1) of 78774

Paul, re MCIT : Agree with you. My powers of analysis are rather less than yours. If it seems to good to be true, it probably is. However, couldn't resist GPS today and started a small position at $20.70. It's down significantly ( 11% at the moment ) on reduced estimates. With all the analysts falling over each other to downgrade it, below Buffett's purchase price ( around $24.00 ), it's got to go up - LOL! Thinking of this as more of a quick trade rather than a long term hold. We'll see how it trades. JMHO

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