Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Seeker of Truth who wrote (53456)	9/17/2004 9:17:36 AM
From: TobagoJack	of 74559

Hello Malcolm, <<just one analyst>> ... thin coverage, thus bullish <<Accumulate>> ... cautious, wall of worry, so very bullish <<estimate(s) ... That's what makes a horse race>> ... divergent views, offers enhanced possibilities for surprise, and as the share is absolutely cheap, positive surprise will result in more gain than negative surprise will create loss <<The company lost money for several years in a row. Since 2003 their profits have exploded>> ... early momentum is good, and not a lot of believers is better. <<... French taxation ... reduced income tax rate, a most temporary distortion>> ... least of worries, because folks do not look forward that far ahead, and I should have exited from stage left before the tax starts to bite, as you note <<The company lost money for several years in a row>> Chugs, Jay

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