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Strategies & Market Trends : The picks
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To: RayL who wrote (5357)2/20/1997 11:19:00 PM
From: Mel Spivak   of 6124
 
Analysis on WALK now Y2K: They are in the midst of a dramatic turnaround. I like turnarounds like this - one that I rode nicely was MXWL + 300% from late Spring into the winter. I hosted the MXWL thread .. check it out.

Back to WALK: They have a $200M market cap. With an acquis chg, they had a (.01) loss for'96 on rev's of $63M. 14M sh's out ..

What is "$relevant" is "$perception". The fact (I said it on 12/25 on the old WALK thread) is that NOW (I knew it then) the Release has awakened "the market" to these "truths".

Soooo, WALK is now "in play". Its NOW a breakout (almost). 15 1/2 is the high. Once it clears that, a true break out. Now 14.32. Mel
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