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To: noiserider who wrote (123)12/29/1999 10:09:00 AM
From: Boddington  Respond to of 620
 
"slaughter" it is then, mate. Better luck next time (you don't short one of my largest holdings). Fundamentals are fine guides, but don't ignore momentum and charts!



To: noiserider who wrote (123)12/29/1999 10:21:00 AM
From: w0z  Read Replies (1) | Respond to of 620
 
If A is 70 and HWP is 114, the intrinsic value of HWP's A content is 75 X .373 = ~26, making the rest of HWP worth only $88 per share (of course I doubt the 70 will hold for very long once the mo-mo boys start running it back down...it's already down from 75). Your strategy was right but the timing was early!