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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (14310)	4/10/2001 9:22:51 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Jay, if you have some stocks that you want to hold till next April, yes, this is one, I would prefer myself, however, to take a run here of 20% to 35% and get off, for another reentry, because I am a strong believer of retesting of the lows, and the recent excursion under $8 is a new (local) low. I believe that by next April, this stock could yield a triple bagger or more from here (between $24 to $35 depending on the market), based on a PE of between 20 to 30 on next year earnings of about $1.25. Zeev