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Non-Tech : PCSH - Payless Cashways

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To: A. Fineigler who wrote ()1/14/1999 6:11:00 PM
From: bobkern  Read Replies (1) of 10
 
Someone finally started a thread for PCSH here. Yeah!!!!!!

Been following this one for a year. Its a tough one. Seems to go up for no reason, like this past week. When you expect it to drop, it doesn't.

With a book value of $8.00, you would think people would be all over it. Volume this week is probably more surprising than the price. This is a great stock to play the $1.50 to $2.50 rides with. I don't normally like this, but works here. As long as company continues to show strong book price it seems pretty safe play this way.

I do think they will come out of it if they ever finish re-organizing. I don't look for $8 for a long time though.

It is a fun one to watch.

Bob
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