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Strategies & Market Trends : Z PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?

To: Kelvin Taylor who wrote (7562)6/7/2002 9:48:08 AM
From: DanZ  Respond to of 11568
 
Cash permitting, buy 2000 INTV at 2.24. Personal entry at the same price. This stock is now trading at the ridiculous valuation of 0.3 x trailing sales. The company pre-released their first quarter revenues last night, and they will be up sequentially for the first time in several quarters. The unemployment data released this morning showed the second consecutive decrease, which is another bit of bullish economic news that the market is ignoring. The market is totally out of whack with reality in my opinion. It may take time, and this and other stocks may trade lower from sheer momentum, but they will undoubtedly trade much higher than where they are today at some point.



To: Kelvin Taylor who wrote (7562)6/7/2002 10:54:03 AM
From: Ron McKinnon  Respond to of 11568
 
a stop on TYC would not have worked as it gapped down open

although the early pre market prints were from the mid 11s to the high 9's


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