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


To: Jdaasoc who wrote (17152)6/6/2001 9:53:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Thanks, but the question is what will they do for us tomorrow. The growth in the top line was not particularly impressive, but they did beat my low ball number by a good margin (even without the one time numbers of about $.08). At the current rate their PE is 10 and I am not sure if that is not just right for that type of company. They just made a 12 months high here on the news, and if i see no "follow through", I will probably exit. In the meanwhile I have raise my stop to $36.90, a safe distance from the last high of $38 and change. If it breaches that number, I probably can get it back in the low $30' again.

Zeev