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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: doniam who wrote (12124)7/21/2000 2:40:39 PM
From: LemonHead  Read Replies (2) | Respond to of 18928
 
Hi don,

RE: LXK

Hell it looks like I could AIM it today. <ggg>

Seriously I don't know. I've always gone by the chart and the beta in the past. This chart looks like we went up the mountain and then started easing down. Until today!!!

The beta is .64 and generally I think we look for 1.25+.

GALT is one that I AIM with a beta of less than one. So far it has performed with a series of buys and now a series of sells.

I haven't done much DD on LXK. I've been waiting to see how it would react on earnings. I got 200 for the IRA at 47 5/16 today. Looks like I should have waited a couple of hours. I have 4 or 5 of the printers and believe it to be a good growth company.

I'm not sure this is the right time to buy it. Remember Dave's Falling Knife plan of attack for those that get unreasonable haircuts.

Keith