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Strategies & Market Trends : The Dead Cat Bounce Theory

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To: PJ who wrote (1762)8/4/1997 3:46:00 PM
From: James F. Hopkins   of 1836
 
PJ; Look at VUPDA..or better MOOV, may have to hold them till nov,
VUPDA offered MOOV 1.1 shares to merge..they are both down but have
good balance sheets..vidio rentals are off right now, and bad news
about blockbuster management seems to have hurt these too..but
I'm buying..MOOV at 3-1/2 looks good. I paid as much as 3-3/4..
bought several times last was 3-1/2. I Already had 800 VUPDA avg
3-11/16.
I don't see this as a fast bounce but they will go up when the
smoke clears.
Jim
PS I'v bought and sold VUPDA 3 times in the last 6mo..with about
a $1 profit each time.
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