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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (3881)12/6/2003 11:31:52 AM
From: Jibacoa  Read Replies (1) of 23958
 
Sergio:

Take a look at OCA for a possible inclusion on the folio.(But not to be followed by me, since you pointed out that I already have two entries.<g>)

I think the earnings results for the Dec.Q will be a little better than in 2002 in spite of lower revenues since in 2002 they took almost 2M in "asset impairments" in relation to closing of administration offices.

I have it on a watch list since we may see some extra "tax selling" in the next few days.The stock is close to its August L of 6.68 and I don't think it will retest the April L around 4.11 <g>

The price (since 1996) had always been above 6. The insiders have done some buying. The stock is selling with a PE of 8, around 0.7 of book and 0.9 of sales with a positive cash flow.<g>

I am not long on it as yet, but plan on buying some in spite of it being out of my buying range and not having an appealing chart.<g>

bigcharts.marketwatch.com

Bernard
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