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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (18142)5/7/1998 8:49:00 PM
From: Tommaso  Read Replies (1) of 94695
 
Haim--

In case no one has posted it, the inflows have resumed to mutual funds (click on "news"). Therefore I think the bubble will fail to deflate any further for the next week.

amgdata.com

Did not thank you for the news on TTELF. I sold when the gain reached 50%. That's a lot for about two months---though the prospects looks very good for this company.

I am increasingly fearful that even well-run and profitable outfits may see their stock caught in a general downdraft. At the bottom of bear markets it's not uncommon to be able to pick up companies at book value and at P/Es of 4-6 or even lower.

Thank you for the original recommendation. Probably my best move in the past year.
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