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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (7683)3/27/2001 7:46:07 PM
From: Tom Hua  Read Replies (1) | Respond to of 19633
 
Roger, can I play devil's advocate and put the ball back in your court? Tell me why I should buy PALM at $10? I'm tempted too.

Regards,

Tom



To: Roger A. Babb who wrote (7683)3/27/2001 7:49:26 PM
From: Rutgers  Read Replies (1) | Respond to of 19633
 
Roger, wish I could help you, but I am tempted too...

at $10/share it does look attractive. The S&P, otoh, doesn't look very attractive having run uphill since last Thursday. Although I may be a little early to the ol' retracement party, she needs a breather and her makeup is running, so I took home the April 1175P today. In case you're interested, my rationale is that the Dow/S&P must simply retest the lows from last week before deciding which way to go from there.



To: Roger A. Babb who wrote (7683)3/27/2001 8:35:25 PM
From: rogermci®  Respond to of 19633
 
You should buy but only as a long term play. Strong macro factors. If you have a 3 year time horizon, you'll make money. I lost money earlier this month short term on PALM...now I might consider buying this for a core holding.

roger