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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: hui zhou who wrote (39040)	4/6/2002 4:58:18 PM
From: Joe Stocks	Read Replies (1) of 53068

>>>Not too sure of NT at this point<<< I did not realize that NT had gotten so cheap until I saw a quote Friday. I put it on my list to research it for "value". Even at this level it looks expensive. Until we see signs that the bleeding has stopped I can't see getting interested. Also, at this level it can't be bought on margin and any significant postion takes up too much trading cash. In addition, at this level the percentages can be very damaging if trading position. A 10% stop loss is only a 37 cent move. I don't see any attraction until we see signs of a turnaround. Joe

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