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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 (11251)8/14/2002 4:36:33 PM
From: Dave Gore  Read Replies (1) | Respond to of 16631
 
AKLM - Time to start watching. PE under 3 and EPS growth of 75%.

It's probably getting close to WAY oversold.

This was one of those "slow panics" designed to frustrate out the little guy, and it has worked. They are expected to report:

39 cents EPS for FY ending 8/2002
64 cents eps for FY 2003.

Everybody knows this one is undervalued but like ACF there has been a silly fear just like ACF, KG, ITRI, ESST, ADVP and a bunch of others that have been successfully "OVER-Tanked" in this market. Soon, fundamentals will be too compelling and this one ought to hit $3 over the next couple months if we're lucky. Maybe more by the holiday season. I've checked financials and looks to me that this company has cleaned up their balance sheet considerably. I rate is a "Speculative Strong Buy" under $2.00 for a intermediate term hold. Maybe we can get it at $1.30-1.50 if we are real lucky before it gets noticed again.