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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Pancho Villa who wrote (7447)11/22/1997 6:29:00 PM
From: Dan Ross  Read Replies (1) | Respond to of 9285
 
MRVC up over 10% on Friday....Apparently others feel it is undervalued...Fair value for the stock is $38-$40 based on product line, growth rates, and management.

Still watching all short candidates closely........I will flip the portfolio in a heartbeat if I sense a downturn......

On another note, the volatility index (symbol ^vix on yahoo) was down on Friday once again and the levels are going down to pre-correction levels....

Dan Ross