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Non-Tech : Royal Appliance Manufacturing--(RAM) -- Ignore unavailable to you. Want to Upgrade?


To: J. Kittle who wrote (35)6/25/1999 12:33:00 AM
From: Richard James  Read Replies (1) | Respond to of 42
 
After about being in for a year, broke even in the past month or so and have a small profit. Would have been a bit more but I pulled the trigger coming back to 5 1/4, after recently doubling down, then bought back in at 6 but only 500 sh. If we see a pull back I'll go for a bit more. I think you may see 9 or better before not much longer, but consider this an investment stock.



To: J. Kittle who wrote (35)11/10/1999 12:11:00 AM
From: Richard James  Respond to of 42
 
Are your fingers still crossed. This from the Yahoo board:

<<Just checked the Short ratio, which has balooned to 5.96 days as of October 8. This is an average short ratio for industry,but not for a company like RAM, which just turned in the 3rd sequential quarter of explosive revenue and earnings growth, and is now into its strong Xmas sellling quarter. (Shorts love to short appliance stocks because, unlike techs, they don not have to worry about rapid price movements. Well shorty is in trouble on this boring little appliance stock, with 60% growth for the last 3 quarters. Also, there will little if any year end tax selling, not with a price of 6 just waiting to bust through resistance on its way to 8+.) Come and get it shorty.>>

I think it makes sense.