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Technology Stocks : LOCKHEED MARTIN, (LMT)
LMT 489.64+0.9%3:59 PM EDT

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To: Axxel who wrote (691)6/30/2002 1:40:03 PM
From: jbkelle  Read Replies (1) of 732
 
Axxel Dude - what's your system say about LMT now? I sold all my shares at the close on 6/21, at 70.31, which was higher than I thought it would go on this leg. Then I thought it might go back to the low-60s, maybe even the mid-50's. Fundamentally the company is well positioned going forward, they should make a lot of money for the next 10 years. I just got nervous about the valuation when it hit the upper 60s as that exceeded my target by a bit, so I sold. I think the price is ahead of the value at this time. Am watching and will buy back some at a lower dollar value. jbk
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