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Strategies & Market Trends : SPARKY'S CORNER

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To: Judy Muldawer who wrote (3944)1/29/1999 3:31:00 PM
From: Bruce A. Brotnov  Read Replies (1) of 4142
 
Judy,I sold ALK from model yesterday and look today, up $5. They beat estimates by .20+ this week. You may consider it as a value play to hold, PE around 10, etc. Alaska Airlines is not in my growth category as the revenues and earnings were single digit gains, but it has tremendous value, esp if concern increases for stocks with "value" and transports stay up.
PROG also has been added to my database with a 7 rating based on earnings reported in IBD yesterday. Put in models earlier this week.

Harold, SPNSF did us no favors, but my published sell stop is 8 3/4 and it only hit 8 7/8 today, so we are still above that if that is any comfort. You must not have sold yesterday as I didn't make any money off it today.

Bruce
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