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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: JSB who wrote (17106)11/5/1998 6:26:00 PM
From: Ron McKinnon  Read Replies (1) of 53068
 
well it was a great day until I pushed RXSD too far
after 5 flips got caught in the halt

bought some more at 12 5/8 and 12 13/16

will just have to see

estimates for next year were trimmed to 1.18 from 1.29
so are looking at a P/E in the low teens

clean balance sheet with $100MM cash and no long term debt

they announced a $100mm share buyback a month ago

no guess where it goes from here; 10 to 15?
unless the company give more info or a broker gives it an upgrade at this price

ah, the joys of day trading
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