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Strategies & Market Trends : 50% Gains Investing

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To: Mao II who wrote (2534)1/9/1999 8:11:00 AM
From: Dale BakerRead Replies (1) of 118717
 
I have heard CBS mentioned as a good deal. At the same time, I kinda like going for the fresh face on the block (like MXTR over QNTM and SEG). CBS hasn't made it much past 35 in the last year; a move to 50 would be about 40%. Looking at FOX I can see it going to 36 in a good market with good earnings news, or 50%.

I am going to take a closer look next week. Thanks for the input. Also have to decide Monday morning whether to cash in CMGI for now. I will put a new stop in at 90 or 95, but if it runs like AMZN did after its split (and AOL), I will be hard pressed not to let it go further. YHOO earnings on Wednesday afternoon might be a temporary peak in the sector, however.
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