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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Paullie who wrote (13705)10/19/1999 9:12:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
UIS defies logic.



To: Paullie who wrote (13705)10/19/1999 9:17:00 PM
From: DlphcOracl  Read Replies (2) | Respond to of 57584
 
Paullie: Ask yourself this: if you didn't own any shares of UIS now, would you be a buyer of UIS at 21 3/4? Of course you would! This is a steal at this level. Could it go to 20? Sure. However, if you close you eyes and ignore the stock for 6 months it will probably be at 30 or better. At this level, it has almost no downside risk. Management is scheduling meetings with institutional investors in NYC later this week to reassure them (according to a post of the Yahoo thread which gave response of UIS's Director of Investor Relations). One word of caution: I have always had bad luck "doubling up" on stocks I have bought that dropped sharply thereafter. Sit tight, wait for UIS and the market to return to favor, and look for other bargains to purchase. Between now and Nov. 16th (date of Fed meeting) there will be several nice buys resulting from the hypervolatility.