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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (4364)4/9/1999 9:18:00 AM
From: Justa Werkenstiff  Read Replies (2) of 15132
 
More on ETEC:

Re: "On October 8th, ETEC closed at 15 13/16. That was the low. One day later, it closed at $20.25; one week later it closed at $27 1/2; two weeks later it closed at $35 3/16."

I should say that my statement should not necessarily be read to suggest that a repeat performance is in the cards to the upside. It could. Probabilities are that it will recover to the mid thirties but perhaps over a longer period of time assuming the business plan is intact. I think the fundamentals are fine. I always try to think in terms of probabilities when investing or trading.

Fundamental research from Lehman:

lehman.com
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