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Non-Tech : SWS - An undiscovered gem

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To: mfgrep who wrote (89)4/14/1999 9:09:00 PM
From: caledonia  Read Replies (3) of 504
 
I have to admit that I was somewhat surprised by today's action. Not that it went down, but the amount it went down. SWS looks cheaper now than it ever did, assuming there is nothing out there that we don't know about. AMTD reported numbers today and blew away the estimates by a wide margin. It is up in after hours trading (last I heard it was up around nine points). I picked some more up at 52 and 47. I'm staying put for now. The weak stomachs are out of it now. Only us die hards remain. Still very bullish. I remain convinced that SWS is not understood by the rest of the market (NITE, clearing ops, etc.). Tomorrow should be a better day. Take care all!
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