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Non-Tech : SWS - An undiscovered gem

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To: Frank Drumond who wrote (212)5/19/1999 4:48:00 PM
From: Lennart Steiner  Read Replies (1) of 504
 
Frank, I fully agree with you.

I, too sold my EGRP on 1/4/99 and 1/21/99 @ $ 21 and $ 40 1/2 respectively (split adjusted). Also NITE on 1/21/99 @ $ 21.00.

I did that in order to obtain the funds to invest in SWS.

This time I will ride it out all the way.

The reasons which were valid than are still the same: Better P/E; more growth potential; relatively unknown OLB.

The growth potential is now even greater due to the fact that now management is committed to support the future growth with a big advertisement budget.

I bought SWS in the $ 29.00 - $ 30.00 and will stay at least until after the first split (no rumor yet).
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