Doc,
You're right, so stop trying to time this thing <G>. Wednesday morning, it went to 84 from 90 because of Brazil. That price opportunity lasted, oh......2 hours. It's now 100, 2 days later. Oh yeah, they're NOT an internet stock, and have real solid earnings.
Here's my take: I tried to time it some of 1997 and all of 1998 and I have a Sched D full of long option puts that expired worthless thinking it would go down. Meantime, I owned it long, too.
It was up 208% in 1998. Q4 number are expected to be stellar (they seem to never dissapoint...), and a split is due (or that's the serious buzz....).
That's the skinny, thin doc. <VBG> Welcome aboard... |