Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (5917)	4/19/2002 11:26:16 AM
From: Dave Gore	Read Replies (2) of 16631

RAZF --- now up about 15-20% from recommended re-entry point, mentioned here just minutes ago. But this one to sock away for awhile like HQNT and CMPT and SMID, imho. Sound logic prevails again, at least so far. It makes fundamental sense here (very low forward PE) and has fairly major support at 37 cents on the chart. Even THE STREET.com highlighted RAZF, even though they and others normally wouldn't bother with an under $1.00 stock. Like I just mentioned on Zeev's thread, this is potentially a sexy turnaround story. Here's what my headline might be: Former High Flyer at $100 Stock Price (now 40 cents) Prospering Again Proving that some can make it in the real world after all, RAZF announced $2.5M in net profit... *** We'll see, but this one should be a safe-n-sane choice here, IMHO. I'd like to see it slowly build over the next few weeks and continued news put out by the company to reinforce it's turanround and fundamentals. Do your own DD.

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