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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (7484)	1/11/2001 2:00:40 PM
From: Jibacoa	Respond to of 13094

WLK: It has doubled since last week when they announced they were technically in default of their long term debt. It remains extremely speculative, but it seems to me it may double again before the end of the month. Their book value is listed at 3.25 and they reportedly are selling at 0.14 of book and 0.04 of sales. The caveat is wether they will be able to renegotiate their LTD or will have to file for chapter 11. I took a fling at it.So far Its working O.K.,but will see. Bernard