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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?

To: virgil vancleave who wrote (633)5/16/2001 1:31:28 PM
From: McNabb Brothers  Respond to of 6873
 
VV,

Only thing I have to say is new highs usually mean even higher new highs. Took a quick look at the sales and earnings and both show great growth. Looks like you are trying to pick a top and that is a very very hard game to play, be careful and good luck!

Hank



To: virgil vancleave who wrote (633)5/16/2001 1:35:26 PM
From: Michail Shadkin  Respond to of 6873
 
Virgil - Re: COCO

I have never followed this company
Here is my opinion on initial research

PE is not that high, around 40 for 2001 and 33 for 2002
Doesnt seem that inticing.

Also, as a personal preference, I tend not to short stocks that are making new highs, unless they are total POS and even then I start small.

Hope this helps
Michail


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