BCE Blue chip growth stock Message Board

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Gold/Mining/Energy : BCE Blue chip growth stock

BCE 23.17

+3.5%

Nov 6 4:00 PM EST

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To: Dave.S who wrote (15)	7/16/1997 6:24:00 PM
From: JKNF	of 275

Hi Dave It's getting tough to figure out what the market will do next. A lot of stocks out there seem overpriced, on the other hand you can't afford not to be part of the irrational exhuberance taking place. Two things that concern me a little, firstly short term Canadian interest rates look like they may move up a bit, secondly BCE gapped upp this morning. What I mean by gapped up is, the stock opened at $43.00 the previous year high was $42.65, leaving a gap of $0.35 that the stock never filled. From previous experience good stocks will usually fill this gap before moving higher, or eventually fill the gap in time. We may see a pull back next week to the $42.60 area. It's a guess, we'll see!!! Regards John

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