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Strategies & Market Trends : Steve's Channelling Thread

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To: mishedlo who wrote (27939)9/19/2001 9:45:07 AM
From: Zeev Hed  Read Replies (1) of 30051
 
I don't know how to look at these airlines balance sheet. In any vent, I got offered a very nice price near the open on IMCL and got out at $56.5 for a very rare (in this environment) profit of $5 plus. The deal values the company at about $65 to $70/share, so we may have more upside after a retrenchment and I'll probably try and jump in once this thing quiets down a little.

Zeev
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