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Strategies & Market Trends : Stock Crashes

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To: Udo W. Perkuhn who wrote (211)1/14/1997 1:06:00 PM
From: Leo C. Bouchard   of 400
 
Hi Gang,
Back from my trip to Fla. Hope every one had a great New Years.

Prior to end of year I moved all of my portfolio in "SC". Wanted to start out new for '97.

Has anyone taken a look at CTN. I sold it around 52 the last day of Dec. and have been buying it back in the mid to high 30's. Any comments on this one. The shorts may be driving it down. I know it has had a terrific run up of late but, it is down from its high of 58 1/4 to 33 3/4. PE is 78, still a little pricy but may be worth a look?????

Yes, I sold NU, a bit early. But bought CHK at 52 in its place and it has run up to 61 and split 2/1.

Leo
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