Robert Douglas, heirteg;
Well, the great technician didn't do so well last night. The stock is at 30 15/16 at 1:40 PM. It turned around real fast. That is why I've kept saying, don't short this stock. However, everything else I said about it still holds. In fact, I'm more convinced than ever that this stock is being inflated like a balloon. Good for us, poor souls, who have taken the beating. The real questions are: for how long and also, how far it will go. I still think 60 is a nice, conservative figure. 67 is an outside figure for 1999. Any comments?
The consensus figure is correct. I don't know about the whisper figure. I don't have any other information but the articles provided by our members seem to indicate they will make it. I wonder, about special charges against earnings, though? PHOTOMAN |