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Non-Tech : PETM - Petsmart
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To: Tim Luke who wrote (638)9/20/1997 9:45:00 AM
From: Larry S.   of 1508
 
My 2cents on PETM:-
Howdy, been lurking on this thread for a while. Traded PETM several times on the way down, sometimes sucessfully, sometimes not. I now feel that the company had hit a significant bottom in the 8-10 range, and that it presents a compelling value going forward. while the stock certainly will not shoot straight up, I feel the company has address its earnings problems, and that this is both a good trader and longer term hold. bot at 10 5/8, will add to position below 10, and if dips backe 70 8.50 or 9, will probably add more. Larry
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