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To: American Spirit who wrote (27866)6/17/2000 1:09:00 AM
From: Mark Konrad  Read Replies (1) | Respond to of 57584
 
Spirit, I think you're wise to lock-in decent profits whenever and wherever you can (especially in this seesaw market). You've put some serious effort into your recommendations...I will look through them all this weekend. Thanks again!
Regards, Mark



To: American Spirit who wrote (27866)6/17/2000 5:51:00 PM
From: Tradelite  Read Replies (2) | Respond to of 57584
 
Spirit, having taken a small position in T, I'm watching it even closer than I was before I took the position.

Good news.......Monday's IBD has upped the accum/distrib rating for this stock from an *E* to a *D*. That means some big (presumably smart) money is moving into this stock.

Doesn't that always happen when a huge stalwart company falls to its knees?

You will continue to hear pundits saying they doubt the direction T's management has taken. The more they say that, the more we have to suspect they are taking positions in the stock. A big company such as T doesn't die in a few months.

Lesson here.....LU was similarly beaten down, rated low in accum/distrib, bad-mouthed everywhere.........however,.....(ahem).....it's now being accumulated and bought briskly. I took profits on all my shares twice, after buying back in low 50s....shoulda done it a third time when it was low a week or two ago.

Unfortunately, LOR has fallen from a C to an E in accum/distrib, which doesn't help my already sick position.......but that means it's time to buy, perhaps.