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Strategies & Market Trends : Z PORTFOLIO

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To: aniela who wrote (11445)1/28/2004 11:52:12 AM
From: DanZ  Read Replies (3) of 11568
 
I added to my personal MTXX at 14.65. Think that the stock is down due to another anosmia lawsuit filed last Friday. The lawsuit wasn't unexpected as one of the Plainiffs openly disclosed in a Yahoo Group several months ago that she would file against Matrixx. I do not think that there is any merit to the lawsuit; however, these cases are not good for the stock in the short term. At 14.50, I think that the stock has completely overreacted to the risk involved. I'll take my chances at this price as the stock is very cheap relative to their growth. Not calling this a Z trade to leave cash for others.
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