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Strategies & Market Trends : Z PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (5519)10/21/2000 4:01:20 PM
From: DanZ  Read Replies (2) | Respond to of 11568
 
Thanks, Larry. My point was that a lot of stocks can look like a POS based on today's chart, but they might not look like a POS based on tomorrow's chart. I don't know Finova's fundamentals well enough to vote one way or the other, but I do think that there are reasons other than bad fundamentals to explain why the stock is acting so poorly. Some stocks that acted like FNV eventually went belly up and others were excellent long term buys. IRF is trading more than 10 times its price of 4 1/2 in late 1998. FWIW, the dividend yield on FNV is now 21%, and it would appear that the market is discounting a cut. If they don't cut the dividend, this stock is a hell of a buy.



To: Larry S. who wrote (5519)10/21/2000 5:58:26 PM
From: pz  Respond to of 11568
 
Larry,

It's so easy for each of us to get attached if not marry a stock. *Sniff*....*sniff*....where did I put that dang bottle of Zicam. :o)

Paul


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