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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (32492)8/18/2000 4:57:43 PM
From: The IB Dude  Read Replies (3) | Respond to of 50167
 
Hi Tim,
Yeah we sure will take AHAA into consideration bearing in mind the great call you made on EXDS a week earlier.

ATML definetly remains my favorite pick so far and this week the performance has been exceptional. With the SOXX closing well above the 50 day MA, semiconductors are likely to rise. NSM, RMBS and VTSS also looking good...

In the other sectors, ERICY and TRB seem destined to move upwards with gr8 charts especially TRB with a bullish 10 day MA cross of the 50 day MA line..not to mention coupled with a high RSI. Have a happy weekend all.....Zain



To: Logain Ablar who wrote (32492)8/19/2000 5:45:37 AM
From: The IB Dude  Read Replies (3) | Respond to of 50167
 
Sorry Tim...a grave mistake on my part. Rest assured the err shall not be committed again in the future. I guess I forgot to look at the last name. I apologise and indeed, I'm sorry for making such a stupid mistake. Zain



To: Logain Ablar who wrote (32492)8/19/2000 11:03:40 AM
From: zainrehanzack  Respond to of 50167
 
Wall street wants 'show me' from EDS according to many analysts! Mr. Hunt one of the directors keeps buying the stock? A story I like to share with the thread.//// Does this bode well for EDS shares, and should investors follow the director's lead?

.....from news..
Last June, Electronic Data Systems issued a warning about second-quarter earnings that sent the company's shares down 25 percent in a single day--their steepest one-day drop ever.

But as a number of analysts issued downgrades and its shares languished in the $40 range in the following two months, one EDS director was busy buying $14.3 million worth of shares--his first purchase in four years.

Ray Hunt, a director of the information technology outsourcing company since 1996, purchased 334,750 shares at $42.70 on July 31. That purchased added to the 23.5 million shares held by Hunt, chairman and chief executive of Hunt Consolidated and Hunt Oil.

Although the purchase paled in comparison to his already substantial holding, some analysts took note.

"This is the first purchase Hunt has made since 1996...and the size of his vote is fairly large," said Craig Columbus, president of insider-tracking firm ScoreLab.

Hunt declined to answer questions about the purchase, a representative for Hunt Oil said. >>

Zachary