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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (9351)	7/9/2002 11:17:21 AM
From: Bruce A. Brotnov	Read Replies (2) \| Respond to of 16631

Dave, speaking of Goldman, tell me this doesn't look like another move for shorts to manipulate ACF. money.excite.com It was down graded to neutral and removed from the buy list by Goldman, although the estimates of $3.85 this year and over $4.00 next year were unchanged. They see the next 6-9 months are murky. If the estimates are unchanged why are the ratings dropped, especially since the stock already has a PE less than 7. I have bought ACF several times in low 20s successfully, but it gripes me everytime the shorts bash it down. One just has to go with with the tide and use opportunities like these to profit when shorts start covering. Bruce