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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: freelyhovering who wrote (3147)3/14/1998 9:38:00 PM
From: Bruce A. Brotnov  Read Replies (1) of 6445
 
Myron, based on current sector PEs, LGWX could to to about 16 1/2 although the long term view (probably will be upgraded ) is just under $15. On the other hand I don't know if we had momentum players in it on Friday or whether there is some news coming that we haven't seen yet. I would like to see it at least hit high 15s based on current valuations and higher if there is additional information forthcoming.

Bruce
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