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Pastimes : KZAP's Stock Talk Thread -- Ignore unavailable to you. Want to Upgrade?

To: TraderGreg who wrote (333)	12/3/1999 12:05:00 AM
From: TH	Read Replies (1) \| Respond to of 410

TraderGreg, I was afraid you were thinking that too. On the other hand, it seems like a 30% move up before the news would yield at least that much on the real news. I don't think this is the classic buy on the rumor sell on the news kind of thing. I am more inclined to think that if there is some real meat left on the new AMMB bone, then a value of at least half the book might be in order. Its a tough call. It was much easier last year. I went for the high 8 on most holds. This time I admit I am having a much tougher time picking the value. I feel pretty bad about cherry picking this one, again. There are some out there who have never averaged down and wow talk about decline in shareholder value. I think 12 is a long way away. Good Luck Thurston