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Strategies & Market Trends : Value Investing

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To: Philip H. Lee who wrote (2899)2/10/1998 1:27:00 AM
From: Philip H. Lee  Read Replies (1) of 78530
 
Utilities: short-term outlook.

The sector appears to have corrected a sufficient amount, and now could a good time to enter for many stocks. I've accumulated a good amount of 4-6 month calls on the largecaps in the sector at good limit prices, and I placed some market orders early Monday since I think a rally is close at hand.

This year, I expect utilities to replace real estate investment trusts as the high-yield investment of choice.

Philip

Disclaimer: Invest at your own risk. Information not guaranteed to be accurate. Information provided for discussion purposes only and not to be construed as investment advice.
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