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Strategies & Market Trends : RENEGADE TRADER'S INVESTMENT FORUM

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To: NASDBULL who wrote (122)9/29/1998 4:32:00 PM
From: flyboy  Read Replies (3) of 1764
 
Last week there was nice action on MRVC with the buyout rumor...

That sector was down today due to NT.

Bought ESCMF in am @ 6 9/16 sold @ 7...

Only sold to book profit re-entered @ 6 3/8 late..

I like ESCMF here, people do their plastic surgery in the winter with the conditions in S. America this summer their winter it stands to reason that sales would be down. Here in S. Fla. things will be picking up in the plastic surgery arena in about a month. This is true throughout the entire Northern half of the world. Also with the new lower interest rates and the now availability of (financing for the face) this should still be a strong season. I think that ANALysts feel hoodwinked because this announcement was unexpected. Dont know why they would have expected the numbers to be higher during the summer given the SA conditions. Company reports brisk sales in Sept. expect Oct. to be much higher IMO!

GOOD LUCK
C I A O

C I A O
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