SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : BE Aerospace (BEAV) Breakout
BEAV 64.470.0%Apr 21 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: M Allen who wrote (97)7/19/1998 10:18:00 AM
From: Rich Powers  Read Replies (1) of 210
 
BEAV Supporters,

Will this stock ever be anything but a trading stock? Up to 35 down to 25, all the while (with a few exceptions) the company is producing
robust earnings. Spoke on the radio with a local Legg Mason V/P and I related BEAV's tale of woe, and he replied that as Boeing goes so goes BEAV. Also, he looked at the chart and the institutional ownership and said I would not do anything but "trade" this stock. When it goes down to 25 buy it and unload in the thirties when you start seeing some weakness on big volume. Does anyone believe that this stock can ever break through the 35 resistance and be considered a candidate for a core holding?

Regards all,

Rich
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext