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: hotlinktuna who wrote (11493)	8/22/2002 4:55:19 AM
From: Dale Baker	Read Replies (1) of 16631

PERY - I was in PERY from April until yesterday, made a decent % return overall but you will find the usual lack of volume and horrible spreads make PERY almost impossible to trade. As a small textile outfit, their forward earnings projections are iffy at best - it's a very tough business. And I doubt you will ever see any institutional activity in such a tiny stock. That said, you should get a bid over 13 eventually to take a small profit. Just don't expect greatness in this one. TWTC - went long at 1.18 on Wednesday, balance sheet is strong for a CLEC and the selling looks way overdone. Worth a look.

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