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To: Nathan who wrote (25062)10/5/2000 6:32:20 PM
From: patron_anejo_por_favor  Respond to of 436258
 
<<And yet PVN makes a new high>>

All I can figure is that they're still driven by speculation (about a possible takeover) fever, since C tookover AFS a couple of weeks ago. I think they're horribly overvalued, I got stopped out this last time and do not plan on reentering (although I do have way OOM poots on it). I think deep OOM poots at the near month, in small amounts rolled over each month are the way to play it, because when they finally break (assuming there is no takeover) they will break hard and fast (most likely a huge gap down a la FTU). It may take a few months for J6P to be hurtin' enough so that the default rate picks up and he quits paying the bills.

All that said...they are truly "The Devil Stock"..<ng>