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Strategies & Market Trends : January Effect Investing 1999

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To: Q. who wrote (3)12/29/1998 2:50:00 AM
From: Dale Baker  Read Replies (2) of 38
 
Here are some I bought in the past month or so:

ERGO - selling at 1/3 cash value thanks to their last drug not getting approval and JNJ bailing out.

FTIC - selling under book value thanks to a missed quarter and indigestion with some acquisitions.

I have been trying without success to get some SSII under 3/4. It usually bounces back to $1 eventually.

PCCG is another pound puppy which I bought strictly in anticipation of their next Internet press release. Good P/S ration but not much else.

I plan to be out of all these plays by late January.
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