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Gold/Mining/Energy : RMI TITANIUM (RTI)

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To: Tom M who wrote (18)2/3/1998 11:34:00 PM
From: Harry Abruzzese  Read Replies (1) of 93
 
Hi Tom,

Glad to see it worked out for you. No reason why it shouldn't continue to do well. It's still really undervalued but like a friend of mine was saying, It's better that RMI dosn't jump to far to fast because then you get all that volatility going on and it turns into a mess. You know what I mean? Who needs all that. Maybe a point one day, a half a point another day. Even little fractional moves to the upside with a little good news here and there.
I'm not sure if BA will see $43 again. It's less than six months away before they start on the road to the long awaited profitability growth phase and even small dips will be seen as a good buying op for money managers esspecially if there is any positive suprise in the meantime. With companies this large, there's alway's the chance of a little suprise out of nowhere in the first quarter earnings, something no one figured on or another surge in orders or good news out of South East Asia.
As each day passes the odds on more bad news is less and less likely.
So far, I've seen early indications that the airlines will do better than analyst expected during this first quarter of the new year.


Best Regards,

Harry
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