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Strategies & Market Trends : Aetna ( aet)
AET 212.70+0.3%Nov 28 4:00 PM EST

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To: men mailman who wrote ()11/6/1997 8:14:00 PM
From: men mailman  Read Replies (1) of 110
 
The last few days saw some good buying volume coming in.

The news conference on tues. was very positive going from here on.

With net earning of 98c and projected $5 and more per year from here
on with growth and better margins 15xeps multiple is very cheap in
the industry.

The company pointed out that they are #1 in the industry with a
strong balance sheet and $82 book value. They are also forcasting
some divestiures up to 1.5b or $10 per share. There forcast was for stable growth next year and a very healthy company.

It seems the stock is forming a strong support here. Two healthcares showed strong earnings today which might be a good indicator that things are not that gloomy afterall in the healthcare industry.
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