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Non-Tech : Papa John's International -- Ignore unavailable to you. Want to Upgrade?

To: Toby Zidle who wrote (22)	6/30/1999 12:39:00 PM
From: otter	Read Replies (1) \| Respond to of 32

PZZA has been ranked as a buy of various sorts for a long time by every house that makes recommendations. The reason is that 25-30% growth over time is being sustained in a sector where 5% market share growth is a big deal. The question isn't in my opinion, whether or not PZZA should be part of a diversified holding (I have positions in my trading account and in my 401K) but why the stock appreciates as slowly as it does over time. If your horizon is long enough, then the right time to buy is whenever you are ready. Now is as good a time as any, particularly if you believe this is the start of a trend. If you are trying to time a buy, the best time was yesterday or the day before... I wouldn't be surprised to see PZZA get as high as 50 in the next few weeks, but I would be surprised if a long term appreciation trend were to occur. If you are trying to time a buy, you might want to look at some charts - you may already have done that. (I look at Bollinger Bands and Stochastics - makes me feel good... Reliability... well) And, these tell me that the best time to buy was about 7 or 8 trading days ago. If you were to be buying today, you would be buying at the top of a stochastic "wave" while stock price is above the old upper Bollinger Band limit. If I were to be buying, one (or better, both) of those indicators would need to be down. As always, you need to do your own due diligence. If I were an expert, I wouldn't be a wage slave.