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Strategies & Market Trends : APMP (formerly APM)

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To: Richard Haugland who wrote (11000)5/3/1998 9:58:00 AM
From: Richard Haugland  Read Replies (1) of 13456
 
***1 stock 1 week*** CREAF long open Monday.

I expect that, like me, Brian Lempel is tired of watching this stock fall 15% to a P/E of ~9 after meeting earnings estimates. I think I will take it off his hands this week. Looking for some kind of dead cat bounce but it reminds me of APM (except APM eventually did not meet earnings and did not announce the expectation of 20-25% growth later in the year). Still maybe CREAF is going to be decimated by incoming technology in computer sound. We will see. Maybe wishful thinking.
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