Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: hotlinktuna who wrote (10983)	8/8/2002 4:31:51 PM
From: Dave Gore	Respond to of 16631

Ya, well hopefully with CCRN's PE near 11, down 9 points in 2 days for no real valid reason, and no questions at all about its accounting practices (which is important, right), it is bound to bounce somewhere in here, I would think. Sanity will return. It always does if the fundamentals are good, and I certainly like the Healthcare industry. **** This nice reasonable post on Yahoo sums up my feelings (especially the last paragraph): Re: I Actually Want To BUY More But AFRA by: xbobsmithx Long-Term Sentiment: Strong Buy 08/08/02 03:26 pm Msg: 1414 of 1493 Well when the company releases news and the price jumps to the teens or low 20's will you buy then? Research each company before you buy, look at it's balance sheet and financial statement. Check out recent news and make your decision. Let's look at CCRN. Pretty good CC yesterday, but a huge drop in price which continued today. No news and most analysts kept their buy rating on CCRN and most of their target prices are 22 to 30 (SSB set it at 17). So what does this tell you? Could be that there is "something" lerking out there that no one knows about. That doesn't make sense since if no one knows about it then it wouldn't affect the stock. What I think you are seeing is fear on the part of investors and they are being taken advantage of by short sellers. Personally I believe this is an excellent area to get in. Short sellers will tell you no. Due you own DD and make a decision. I think the long side is the right way to play this one now. Good luck."

To: hotlinktuna who wrote (10983)	8/8/2002 4:54:42 PM
From: Dave Gore	Read Replies (2) \| Respond to of 16631

ACF NEWS (after the bell) biz.yahoo.com Also late Yahoo posts worth noting (perhaps) Re: going to 14.00 tomorrow by: toenailjoe (M/the beach) Long-Term Sentiment: Hold 08/08/02 04:31 pm Msg: 9901 of 9904 ..."Longs will have a good day tomorrow. That $1.3 billion securitized package (rated AAA- Aaa) is not going to hurt." ..."And FBR reiterated its BUY with a near term price target of $20 and a long term price target of $70. They even said they didn't understand what led their counterparts at other firms to downgrade it at these levels."