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To: Beltropolis Boy who wrote (101)10/20/1999 9:06:00 PM
From: Joseph H. Leiti  Read Replies (1) | Respond to of 189
 
Didn't ML do an upgrade on GPS today with a price target of 50. I'm in the other day and planning to hold a bit (40ish level).Should be a good play for a couple reasons; depressed retail overall, to that the holiday seasons coming, to that pretty good numbers from the company. Watched the tape today good action overall, strong into the close.



To: Beltropolis Boy who wrote (101)10/20/1999 10:25:00 PM
From: HRM  Read Replies (1) | Respond to of 189
 
I wonder if the large blocks are part of the tax loss/performance management selling by funds cleaning things up for yearend.

I saw an interesting article awhile back on how 9/30 had become a key date since it was the fiscal yearend for a lot of mutual funds.

The slide that started in July kind of bottomed out at the end of September and the article you noted seems to imply we have gotten a trading bounce since them.

Oh well, fun to talk about now and then, but glad I don't have to worry about it everyday.

Harry