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Non-Tech : OfficeMax (OMX)- A Steal -- Ignore unavailable to you. Want to Upgrade?

To: Joseph H. Leiti who wrote (282)10/1/1999 2:27:00 PM
From: Adam Nash  Respond to of 293
 
Flirting with the big 5 is very dangerous. Although, I wonder if any institutions are still holding any significant positions anyway...

If OMX recovers, then it isn't going to be soon. So I'm going to wait it out. Remember, Q4 you start getting tax selling in stocks like this, as people take losses in less-promising stocks to balance gains they took this year.



To: Joseph H. Leiti who wrote (282)10/1/1999 3:07:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 293
 
It's almost futile to hunt bargains in a falling market,
and or when the dollar is getting killed; as when
the tide goes out almost anything can come under selling pressure.
So OMX aside , I'm 100% cash and not going fishing for
stocks until the tide turns.
I have one bid in below the bid on a CEF bond fund.
I may sell some puts if I can find a few paying good
enough on something I like.
In cash and waiting for a market bottom.
Jim


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