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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?


To: moufassa7 who wrote (630)10/18/2001 3:11:30 PM
From: carepedeum2000  Read Replies (1) | Respond to of 13660
 
lottery picks all filled for tomorrows (hoped for) gap
idti oct 25
tqnt oct 17.5
mdcc oct 20
all of these report earnings, but would also be nice if mr softee elevates everybody's mood in the morning
just need that "morning gap"
stay tuned



To: moufassa7 who wrote (630)10/18/2001 4:41:56 PM
From: DlphcOracl  Read Replies (2) | Respond to of 13660
 
moufassa7: Here's a stock tip

PVN (the credit card equivalent of a loan shark) just reported earnings and is getting whacked due to increase in consumer credit defaults. It is trading as low as $9, down $3.40 cents from today's close. It traded as high as $60 in mid July and at $9 has a P/E of 4.3 and a PEG of 0.348.

These are compelling valuations for a company that won't go out of business. Although it is always risky to "catch the falling knife", keep your eye on this one for a good entry point (ie., when it stops falling or when it stabilizes).

DlphcOracl