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To: Lazlo Pierce who wrote (7328)1/9/1998 12:53:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 95453
 
true.I looked at other stocks(AA for ex.) get cut todat all the way to neutral and drop a whopping 7/8ths!

My point is: where was the dow in Jan-Mar 97 and where were these stocks? We're there, baby!Hopefully, the train will be heading in the up direction when we pass everyone else heading down from their 50+ pe's with decreasing earnings.
Dave



To: Lazlo Pierce who wrote (7328)1/9/1998 12:55:00 PM
From: Teddy  Respond to of 95453
 
"But you can almost be certain that Mr. Reynolds did not expect today's downgrade to have such a pronounced effect on the stock."

Hey, it would have fallen even if "Mr. Reynolds" hadn't pushed it.

Let's face the facts:
In a couple more weeks we are all going to own Penny Stocks.