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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Beltran who wrote (2989)11/25/1997 9:15:00 PM
From: LzzrdKing  Respond to of 7396
 
SFAM is quite obviously a good buy here. CMP is growing faster than the overall capital eq area. The fall in the sector due to the Asian crisis is the primary reason for the sell off of SFAM. I don't think you can blame SFAM for that, nor can you blame the insiders for selling as part of that secondary, they sold pretty small percentages of their holdings, by the way. Unfortuantely, most people's time horizon is 5 minutes, so as long as SFAM is falling, they aren't buying.

I say SFAM holds 24 for sure.