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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Crossy who wrote (3181)	7/4/2002 8:20:47 PM
From: Crossy	Read Replies (2) of 37387

re: Japan Update - Nihon Inter (NIEC) 6974.J ?? I called this one around 250 Yen... Message 17580194 Days ago it broke out off its base, beyond 285 Yen. It was up in a mixed market. Today it cleared the 300 Yen hurdle. It yesterday closed at 315 Yen. The turnaround is now confirmed, as the firm expectes to earn aroun 25 yen per share for FY2003 (current year). This means forward PE of 12 at current valuation and a PSR of around 0.35. Way too low. And believe it or not, no coverage yet .. biz.yahoo.co.jp the other Japan stocks in my portfolio are going sideways. But NIEC is moving up strongly on record volume of 200k shares a day and more.. keeping my fingers crossed.. CROSSY

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