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Strategies & Market Trends : 1998 Magic 25

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To: Lyle Armstrong who wrote (53)12/10/1997 3:30:00 PM
From: Trippi  Read Replies (1) of 116
 
OK here's a table that might be helpful (I hope it ends up reading as a table) I took all the Magic 25 -- took the current price and ii's price target and figured out the % gain that would occur if ii was right. There are 6 stocks I could not find a target for -- that doesn't mean there isn't one -- just means I couldn't find one -- if you know what ii's target is for the stock just let me know and I'll include it -- the 6 stocks with no targets are: ACRT -- ii had a quote about "unlimited upside" but no target that I could find -- along with BTO, MDYN, MMGR, SATC, and TBAC.

here goes:

Stock ........ II rec........current.........Target...........% gain if target met
VINF..........3.88..........3.88.............8 - 12.............100 - 200%
ADIC....... .18.75........16.38............34....................107%
PRCM.......16.25........15.13........... 30 ................... 98%
EVSNF......10.88........11.63...........21.....................80%
SEPR........38.88........40.75...........70.....................72%
FORMF.....15.94........14.25 ..........24..................... 68%
AFLX.........20.38........18.25...........30......................64%
NACT........14.75.........15.00 .........24.....................60%
QCOM.......68.25.........62.38.........100................... 60%
LTBG.........14.00........15.38..........24.....................56%
CGN...........18.13.........19.50......... 30...................54%
LU..............83.44.........77.63.........118..................52%
MODT........21.25........ 21.63.........30....................39%
CMGI.........21.75..........26.25........35.40................35%
MOVA....... 20.75.........22.88.........30.....................31%

------------------WHY BOTHER CATEGORY -------------------------------

AMCN.........18.00........18.00............22.50............. 23%
BTGC..........12.81.......12.38............15.00..............21%
TRII............25.00........25.25...........30.00..............19%
TRMP.........20.19........22.88...........27.00..............18%

As you can see not all recommendations are equal -- If Merril Lynch or H&Q gave you this list of stocks and the above targets and upside percentages -- which would you pick? One note of caution THQ appeared on last year's list at around 7 with a target of 11 or a target of 57% gain -- ii later had to up price target to $14 then $18 and finally $20 -- the stock today is at $19 7/8 for a 186% gain. Obviously the why bother category is an editorial comment of my own -- maybe one of these will be among the big surprises this year (but I doubt it). A safer bet might me to buy VINF, ADIC, PRCM, and EVSNF -- VINF has a price target 100 - 200% higher than today's price -- ADIC 107%, PRCM 98% and EVSNF 80% -- If only two of these do what they are supposed to do and the other two are just flat you should be able to put together gains in the 40% to 50% area -- if 3 or more pop -- you would be looking at incredible gains -- this is just one person's opinion do your own DD -- and make your own decisions -- just hope the chart works (as a chart I mean) and that it helps a few folks as they think about this group of stocks.

Trippi
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