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To: BWAC who wrote (31111)4/27/2001 11:34:33 AM
From: Larry S.  Respond to of 53068
 
"What ever happened to valuing a company's future business? As oppossed to valuing it based on 15 minutes ago and a chart?" - BWAC, please leave your slide rule at the door, and tell your girl friend that her crinollin is showing. thank you. larry



To: BWAC who wrote (31111)4/27/2001 11:48:42 AM
From: E.J. Neitz Jr  Read Replies (2) | Respond to of 53068
 
BWAC, I saw this same type of activity, a few years back, in the oils. When a large institution wants out, or has an option position going against them, it can move a stock way beyond logic and valuation. I have always-repeat always used this type of activity to accumulate for the long term.
I am continuing to buy ADCT. If it goes to 5 (no prediction), I will just be buying all that more aggressivly.


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