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Strategies & Market Trends : Z PORTFOLIO

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To: Susan Saline who wrote (7469)5/14/2002 10:15:08 AM
From: Larry S.  Read Replies (1) of 11568
 
Larry/Z portfolio trade - buy 1,000 TYC at 18.90. not a Zport trade. this will be the 4th purchase of approx 20K each for my z/larry port. will update the results later. TYC appears to have a bottom in the 15-16 range, is estimated to earn 2.25 next fiscal year, makes it a PE of about 8. granted management has been creative in accounting and confusing in tactics, but there are strong core businesses there. if the economy revives, TYC will earn more. this price is cheap. larry
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