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To: Moonray who wrote (19522)7/22/1999 10:52:00 PM
From: akmike  Respond to of 25814
 
Moonray-you are already right,since you can now buy back when you wish at a nice profit. I hope to be sitting on a larger capital gain down the trail either way and there was nothing in the cc to dissuade me of the potential. In my worst-case scenario we could test the 200 day ma(32+ and going up the last I checked). That would be a compelling buy point!
I believe that many analysts are playing the game of frequent adjustments. It is just that the cc was so strong that the best might have skipped a couple adjustments and gone straight to a higher # than Westmont came up with. You mentioned that 3.00 was supportable, I believe that 2.40 Pre-amortization of goodwill is conservative.

Best regards,

Mike