To: captaintime who wrote (1064 ) 10/21/2001 3:17:24 PM From: Zeev Hed Read Replies (2) | Respond to I am back in COO, TYC, AAPL and IGT. I never got out of SFD, and frankly this is a good defensive stock, selling at only twice book, a PE under 10, a growth rate over the next five years, probably in the 10%/year and PS of about .3 or so. The hallmark of a value play here at $20 or so and still recommended. COO, TYC and IGT moved quite a lot. I think I paid too much for IGT (retrospectively at $45, I think it dropped well under $40 on the debacle), but had much better luck with COO ($42) and TYC ($40). At their current prices, I would consider only COO to still be a fair value. IGT may face problems as a result of the slow down in tourism and gambling, so it could very well be available again in the low $40 or even lower. I simply have raised my stop loss to $47.25, the bottom of the gap down, assuring a least a minimal profit. As for TYC, I think it is going to meet some stiff resistance in the $52/$54 area, so buying it here just under $50 may not be advisable, you probably should be able to get it in the $45 plus area where I believe it may be a good long term holding, another alternative is a buy stop at just few pennies above $54, because then it should be able to take out the highs and make a move to a new trading range. My stop is right now just under $45.
