June Cleaver & Tokyo Mex, MNY (Mony Group Inc.) looks very good.
Best regards. I hope you were in to ENMD, and out in enough time, to make some money. As I said, timing with this stock was everything.
I am now favoring Mony Group Inc. (MNY). I think today's slight weakness, down 3/4 to 31.75 was an excellent buying opportunity. Analyst will be soon issuing their reports on MNY, in the post IPO arena. Talk about the stock has been favorable so far:
The Mony Group Inc., N.Y.S.E. MNY, Rated Strong Aggressive Buy By Fidelity Independent Adviser With Near Term Price Target of $39.00
Upcoming Research Reports and Falling Interest Rates in the U.S. and Europe Should Benefit This Company
WILLIAMSTOWN, Mass.--(BUSINESS WIRE)--Dec. 3, 1998-- Fidelity Independent Adviser Newsletter has rated The Mony Group a Strong Aggressive Buy recommendation with a target of $39.00. Upcoming research reports and falling interest rates in the U.S. and Europe should benefit this company.
Donald R. Dion, Jr., chief investment strategist of the Fidelity Independent Adviser Newsletter said, ''The Mony Group, Inc. is an undervalued stock. The company should get more visibility during early December when we expect the company's underwriters from the company's I.P.O. on November 11, which included Goldman, Sachs & Co., Donaldson, Lufkin & Jenrette, (NYSE:DLJ - news), Morgan Stanley Dean Witter, (NYSE:MWD - news) and Salomon Smith Barney, that operates as a subsidiary of Citigroup, (NYSE:CCI - news) issue their research reports in December after the quiet period ends. We do not expect the stock to move up as fast as Ebay, (NASDAQ:EBAY - news) did after its quiet period ended in November.
For further information on The Mony Group, Inc., call Donald R. Dion, Jr., president of Fidelity Independent Adviser at (413) 458-4700 or fax your request to (413) 458-5738.
Fidelity Independent Adviser is an independent publication and is not associated with Fidelity Investments. Fidelity Independent Adviser is distributed and read by 25,000 individuals in fifty states and twenty-five countries. Call (413) 458-4700 to request a sample copy. The company and/or its affiliates owns shares in The Mony Group, Inc. and does not receive any money, directly or indirectly, in consideration of mentioning this security.
Best regards.
Jake Blackmerlin |
