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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: 16yearcycle who wrote (61613)5/3/2002 9:18:53 PM
From: Zeev Hed  Read Replies (2) | Respond to of 99280
 
Eugene, as i said just earlier this week, they operate in only 3% of their "target monopoly", so they can grow quite a lot, I think that if management does not screw up, it can be a ten year en bagger... Right now however, with short term rates at a bottom, I don't think I have to rush back in, and with the shorts after them, I am sure there will be another "short party" which hopefully will let me back in (g). If it breaks $35, I think that it could drop rapidly, particularly if the banking segment is hit, and more so if their big brothers like fannie and sally mae get hit due to more scrutiny by various bodies on their finances (I think that is only smoke, but these two have become fodder for the dark side, they are bloated and more or less at the end of their own rapid growth phase).

Zeev