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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (7156)11/6/1997 8:32:00 AM
From: ivan solotaroff  Respond to of 79296
 
PETD

"What are you expecting, 15% or so?"

Doug,

I'm not sure. I was in a stock, AMMB, that had a similar shakeout after announcement of a similar dilution. AMMB took a larger and thus far longer hit, roughly 40%; like PETD, however, it was in a hot sector and was a sound company. At its high before last week's troubles, it was up 130% from its low, and is still a stock I wish I held. To my naked eye, the charts are beginning to look a little similar.

Will miss you this weekend,

Ivan