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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Venkie who wrote (23539)4/5/2002 9:17:48 AM
From: AugustWest  Respond to of 23786
 
Well, I'm not sure yet. I'm still trying to keep a strangle hold on it but I admit thus far is has shown some resiliance to the downward pressures.

Only thing that gives me some comfort is that the volume there is next to nil. This 500MM offering might be something to be concerned about.
I still say it loses 17 1/2. it's headed to at least 15. on it's way to 13 than sub 10. Look at that PE, or lack of.
That would give me cause for alarm if I had a long position there.

Of course, I've been wrong more times than I care to remember so I suppose nything goes.