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Strategies & Market Trends : Gorilla Game Investing in the eWorld -- Ignore unavailable to you. Want to Upgrade?


To: J Krnjeu who wrote (1531)3/9/2000 5:18:00 PM
From: Sir Francis Drake  Read Replies (1) | Respond to of 1817
 
Re: CDO. As far as spin-offs, I really don't have any concrete information other than what Teflon has stated (his find). I'm far more interested in the TA. Institutional money has been flowing in during the past few weeks, and the stock is very strong. I see $60 around the corner, with $80 within the next 3 months. I don't want to speculate on 12 months, because that may be too tied up with general market conditions, but *disregarding* the general market, I see it hitting and *holding* 90 (I also believe they'll split, given their history). As to ICOM - this may very well be the "pause that refreshes", but I am out (actually got out yesterday when it closed at 10 - don't want to wait for profit-taking etc.). All IMO.

Morgan