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To: marc chatman who wrote (58800)1/20/2000 2:47:00 PM
From: Gary Burton  Read Replies (2) | Respond to of 95453
 
Marc---re HRC---could be anything at present.Want to see macd/stoc come down some more-still only have 1/2 position but am tempted to buy other 1/2 at say 6 if it gets there----Merrill yesterday say they spoke with HRC who implied that A/R problem now under control and Q4 will show a basing in gross margin, with upticking in Q1/Q2---If this is so, I think HRC will be going significantly higher from here --Am VERY leery of the overall mkt however---only willing to buy washed out stocks or some oils fwiw--edit WM now back to my purchase price of this am--attaboy, I'm even already (vbg)--currently own MDR/XTO and CRK in energy and HRC in health and WM in financial