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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Harold who wrote (28594)5/16/2002 9:30:39 PM
From: Ken W  Respond to of 29382
 
Harold

Don't worry about DRAX! Go on your trip and enjoy yourself.
The only downside surprise I could imagine is if the deal with Elan does not go thru. Even if that happens DRAX intends on increasing that segment of it business. Thus far DRAX has delivered on it's intentions (profitable etc.) Also, remember that DRAX is buying back its shares from time to time in the open market (they have set aside a war chest for just that purpose). I sold some trading shares today, as is my rule for earnings stock plays, however, hold a core group.

Have a great time on your trip Harold!!

Ken