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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (120)2/11/1998 9:01:00 PM
From: ChrisJP  Read Replies (1) | Respond to of 927
 
Hi Wayne,

CADE may see some profit taking or unwinding, but I think with profits in the .15 range this year, the stock will trade above $3 after the next quarterly report. Why would a company that's growing over 50% trade with a PE of under 20 ? 2 1/4 is very unlikely.

As for NORT, the saying "buy low ...." comes to mind. Maybe NORT's earnings will disappoint and I will be able to coin the phrase "buy low, sell even lower !"

Chris