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Non-Tech : UNDERVALUED STOCKS

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To: MHS who wrote (18)8/9/1997 7:28:00 PM
From: Harold Boxenbaum   of 580
 
ABAG:

Inasmuch as P/E of industry to stock is about 1.5, and chart
has excellent pattern, you should expect a near term (about
6 months) price appreciation of 1.5 fold. As I recall, stock
has not yet made a new high, so there will be resistance there.
But if the stock is solid, it should go through that. But, the
market and each stock has a mind of its own. Nonetheless,
it looks like this is a good stock. This assumes the market
is still bullish. MIRAT, a program I use, still flashes a
buy signal for the market. This program has an excellent
record. It is much better than buy and hold of market indices.
Best wishes. Harold.
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