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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (16320)3/18/2002 3:52:09 PM
From: Israel  Read Replies (1) of 18998
 
FWIW...

11:16 ET Barron's says Capital One, Metris to benefit from economic rebound : A story that appeared last night in Barron's Online singled out COF (+1.8%) and MXT (-0.1%) as likely beneficiaries in the credit card group if positive trends in the economy continue. COF should benefit due to its conservative accounting, consolidation-driven mkt share gains, and cheap valuation; MXT is a riskier play but also undervalued, according to the article.

Just broke above the 200DMA, looks like a bit of a squeeze going on.. Good point to initiate a short? hmmm..

Israel
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