Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VEEV 244.68

+0.3%

10:21 AM EST

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To: Stock Watcher who wrote (1647)	2/1/1999 11:28:00 AM
From: Jerry S.	Read Replies (3) of 52051

Hey guys, I have an interesting one .... HMK (Ha-Lo Industries) Unmercifully oversold on an analyst downgrade, get this, from Strong Buy to Buy! It was based on eps estimate going down from 1.06 to .97 to 1.02. The downgrade (not much of one, imo) also related to struggling telemarketing division, however, that division only accounts for 5% of revenues. This co. was $35 just late last week and now around $20. Classic overreaction. News of increased call buying activity, the smart money knows this is going back up. Check out all the happenings via news releases from last Thursday & Friday and you'll see what I mean. Check it out!

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