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

To: Roger A. Babb who wrote (7686)3/27/2001 8:09:49 PM
From: S Shaw  Read Replies (2) | Respond to of 19633
 
Roger/Tom:

O/T. Look at RIMM ah. It still sports a high altitude pe. Any suggestions on how low this puppy can go?
TIA.
ESS



To: Roger A. Babb who wrote (7686)3/27/2001 8:21:08 PM
From: Tom Hua  Read Replies (2) | Respond to of 19633
 
Roger, in light of current market environment, my general rule of thumb for buy consideration is at 10% of the 52-wk high. PALM will arouse my interest at $7.

Regards,

Tom



To: Roger A. Babb who wrote (7686)3/27/2001 8:53:53 PM
From: Tom Hua  Read Replies (2) | Respond to of 19633
 
Roger, if you run into a telecom equipment supplier which had $50 million in sales last year, never made a dime, $140 million in the bank, and a market cap of $5.3 billion, what would you do? It's got to be the only high flyer that hasn't crashed.

Regards,

Tom


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