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Strategies & Market Trends : The picks

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To: p. webster who wrote (5135)2/15/1997 12:48:00 AM
From: p. webster   of 6124
 
Risky Picks: CAMP CCUR PCTV HART MFN KVHI

CAMP--Please read earlier update. Hanging around bottom.

CCUR--lookin' good. My recommended buy in price was under 2.00. This is starting to challenge it's traditional tops. Some predict it will go to 4. If you're not in it, consider something else.

PCTV--BLS bought a wireless co. in Atlanta this week. This gives hope to the MMDS technology. 4 1/2 is my top buy in price.

HART--consolidating in buy in range--up to 9.

KVHI-- earnings should be released soon. Buy under 7 1/2. Work the spread. Got new contract this week.

MFN--no new; considered a bankruptcy price an possible purchase of assets by big banks who want to enter high risk auto lending arena. Buy as close to 2 as you can.

I've heard that coffee futures are skyrocketing. Since I'm not that sophisticated a trader, my version of working this is to buy Folgers bricks at $2 or less and put in freezer. 10-15 bags will get you through the spike. I've done this and it works.

Hope everyone has a good weekend.

P. Webster

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