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Strategies & Market Trends : Bluegreen Corporation (BXG) -- Ignore unavailable to you. Want to Upgrade?


To: Greg Werlinich who wrote (19)12/26/1997 3:04:00 PM
From: FRANK J CATALANO  Read Replies (1) | Respond to of 110
 
GREG
BXG- WHEN I LOOK TO BUY A STOCK or RECOMMEND A STOCK I LOOK
AT WHAT SHOULD BE THE BOTTOM LINE ### AND ASK MYSELF IF THE
STOCK IS WELLLLL UNDERPRICED.WHEN I RECOMMENDED BXG AT $4.25
I LOOKED AT THE #### AND AFTER LOOKING OVER THE ### I FELT
WITH AT LEASTTTT +.30 IN EARNINGS AND A PE OF AT LEAST 20 THE
STOCK SHOULD HIT NO LESS THAN $6.00 AND THATS BETTER THAN A
75%% RETURN . MY GUT TELLS ME WE SHOULD SEE +.30 BY THIRD
QUARTER SO FOR THOSE THAT BUY ALITTLE AROUND $4.50 NOW SHOULD
BE REWARDED 6-9 MONTHS DOWN THE ROAD .GOOD LUCK CAT