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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (411)1/20/1998 9:52:00 AM
From: jgideonRead Replies (1) of 118717
 
Did you notice the strong volume & gap for CREAF at the open?
I went back into CREAF on Friday to see how options expiration
and earnings plays out. This is unbelievable at about a 7 PE,
unless you think Asian flu is deadly. With all of Asia looking
for exports, here's a company that is already thriving in its
exports. They've got US dollars coming in and paying out in
local currency. Plus, lots of cash on hand, so they are not
too vulnerable to any credit squeezes. What think you? Still
holding the CREAF you got around 20?

jg
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