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Strategies & Market Trends : Action & Options- Taxikid plays

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To: taxikid who wrote (3884)2/28/1998 12:27:00 AM
From: Blue On Black  Read Replies (1) of 4339
 
Taxi,
Sorry more of an abstract post than any thing and not recommendations. But since you asked. All have PEs over 300(except asf) and are things that I am trying to get a 'feel' on. Generally:
cob - goes down but I won't play
absc - continues down-trend
drxr - I have no idea - it just crossed a screen and I am looking.
asfd - I think will slam into the wall - hard
asf - I don't think it is worth ~2x what it was 90 days ago even if AmEx took a position. My view-point is that it is esol @ 22.
Of course this is just a cursory glance and I have more digging to do.
Sorry for the obscurity.
lee
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