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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: pz who wrote (13445)2/15/1998 10:46:00 AM
From: Larry S.  Read Replies (1) | Respond to of 53068
 
Stock Chat: -
MCD - McDonalds - 52 area - coming off two year basing pattern between 45 and 55 - looks like it wants to break out here.
BA - (Boeing) Similiar to MCD, company has announced production problems are behind it, does not see Asia as major problem. Strength in airline sector should translate to strength in BA - stock broke 50 , should head back to 60
INTU - Intuit - breakout - broke thru 50, chart says it wants 80. Company has 5 of the 10 best selling software titles.
CKFR - Checkfree - my second stock pick - INTU has big equity position in CKFR - CKFR is becoming the standard for online banking. very exciting prospects.
CA - Computer Associates - stock back to 48 in light of its unsolicited bid for CSC - chart looks like strong support, am waiting for stochastics to confirm. could rebound from 48 to 55 or so easy (or continue down).
good luck all. larry



To: pz who wrote (13445)2/15/1998 12:40:00 PM
From: Ron McKinnon  Respond to of 53068
 
Contest picks

I had better stop wasting time and get my picks in before they are all gone gg

BDI a land driller, beat up bad, 11/97 IPO at 23, opened at 28, now trading at 12.125
target is for a 20-35% gain to 14.50-16.50

ENBX, a crap shoot; majority owned by BOST
both companies a mess; major restructuring going on
earnings and write offs are due out Monday
this is a make or break pick ggg
target 30-40% from 5 to 6.50-7.00

Other finalists were:
in the oil service sector
DIVE
KEG
NBR
UTI- taken by Harold S.

WDC-taken by Harold S.

DATM-taken by Darth

MU for a short, the world hates it right now;may fall off of a cliff



To: pz who wrote (13445)2/15/1998 1:20:00 PM
From: DanZ  Read Replies (1) | Respond to of 53068
 
ZStockContest picks

I agree with Ron, the winner will probably have to be up about 30% to win the contest. Given that, I picked stocks that are close to breaking out and with any luck will break out before the contest ends. Then again, they could break out one day after the contest ends LOL.

PETM (7 15/32): PETM is on the verge of breaking resistance on the daily chart at 7 5/8. If it does, then my target would be 8 1/4 to 8 1/2 where it has more resistance. If it breaks that, then my target would be 10 1/2 to 11. And if it does all of that before 3/31/98, then I'll have a chance of being in the top 90% of the contest because the stock would be up about 40%. I'm sure that only 10% of the contestants would finish below that. LOL

RATL (13 5/8): RATL has a nice looking chart for a breakout. It recently closed back inside of the daily bollinger band, but the upper band is rising steeply and it closed above the middle weekly band last week. My target on this stock is 16 1/2 which would represent a modest six week return of only 21% LOL.

If all goes as planned, my two picks would average 30% and I will have a chance of at least not finishing last or second to last. gggg

Good luck to everybody who entered!

Dan

PS: I'd like to donate the prize. We just need to figure out what it will be. I'll come up with some suggestions and email them to you to see what you think.



To: pz who wrote (13445)2/15/1998 5:35:00 PM
From: Chuck Stoafer  Respond to of 53068
 
Paul - Harold S. took both my picks (WDC and UTI) what nice charts. Both look ready to run. So here's 2 others for mine:

APM - Looks like it's ready to run to the upside as well. It's hitting strong res right now at 12 1/4. Weekly chart also looks like ready to break to the upside. Monthly chart has first res at 28 then it's to 41.

INTC - Daily chart shows good support at 83 (little downside risk). and strongest res at 88. The indicators (stochastics, RSI and momentum) are weak but I expect that to turn around in the short term. The weekly indicators are positive. The stock keeps hitting res on the upper weekly band and pushing it higher. I looking for 96 in the short term.

Thanks again for handling this contest Paul.

Chuck



To: pz who wrote (13445)2/15/1998 8:04:00 PM
From: SE  Read Replies (1) | Respond to of 53068
 
Paul,

Nice to see you still around and kicking! :) Been a while since we chatted. Hope all is well with you.

I have a couple of entries for your contest. However, I want to complain a little first. I really want BNGO in the contest. It has been beaten down and due to several factors, I believe is poised for a turnaround now. However, it is only at $4 and change so I cannot post it as an entry. If it performs by 3/31 I will certainly be the first to post and let everyone know! If it doesn't or it tanks, I will deny ever mentioning it! <<gg>>

My two picks are based on TA only and I don't really have any fundamentals to back them up. My first is ASND. It is more attractive at 31.75, but the 33.25 it is at is not far off of the mark. It appears to me to have broken out of basing formation and is heading higher. The only thing that really concerns me is the takeover speculation that is going on. I have never had luck playing a takeover spec stock and fear that this one will tank as well. However, the TA looks good to me so it is a go for the contest. At 31.75 it is go for my portfolio. I suspect it will trade the other side of 40 by 3/31.

My other pick is ASMIF. I like this stock at 10.25, but it closed at 11.25. It has been in a trading range and I was looking to buy at the bottom of the range. I don't know if it will break out of the range by 3/31, but if it does, I would suspect it might go to 14 by 3/31. It appears there was good volume near the close on Friday, so maybe that is a good omen for me.

Anyway, there you have it.

-Scott

PS -- Can I enter SYCR as a short???? Good news after the close! ACK!



To: pz who wrote (13445)2/15/1998 8:08:00 PM
From: Storms  Respond to of 53068
 
Paul,

My picks for the contest: IFMX and VWRX

Thanks,
Jerry



To: pz who wrote (13445)2/15/1998 8:22:00 PM
From: Paul Moerman  Respond to of 53068
 
I'll go with VLNC and LGND. Neither are profitable yet, but both have products under development for which the demand should be high. Both have a lot of intellectual capital, and have had (or are expected to have) breaking news in coming weeks. Thx



To: pz who wrote (13445)2/15/1998 9:32:00 PM
From: Tina McKinley  Read Replies (1) | Respond to of 53068
 
ASND and OFIS Paul. I give up looking. Finished tax return and just too beat to search any more. Thanks. Tina



To: pz who wrote (13445)2/15/1998 11:34:00 PM
From: Sandra Sears  Respond to of 53068
 
Paul-
PLSIA
Premier Laser Systems
First profitable quarter
Chart looks like a short term breakout.

WII
Weatherford Enterra
Oil Services
Hopefully a double bottom on chart and oils rebound.

Thanks for your hard work



To: pz who wrote (13445)2/16/1998 12:08:00 AM
From: John K. Culley  Respond to of 53068
 
Paul:

The following are my two (2) choices for the upcoming Zstock contest:

Short Position....AOL @ 114.25
Long Position....RDRT @ $15.125

Brief F/A and T/A follows....

(AOL....America Online)

AOL provides Internet online services such as electronic mail, conferencing, software, interactive magazines and newspapers, as well as easy access to services of the Internet (they must be joking). For the 6 months ending 12/31/97, total revenues rose 74% to $1,114MM. Net Income totaled $40MM verses $540MM loss. Revenues reflect an increase in the average number of subscribers, a large part due to their acquisition of Compu-Serve.

AOL's book value is only $2.31/share, of which $1.75/share is in cash. EPS (ttm) is $0.51, P/E (ttm) is 224.0, Price/Sales Ratio is 5.72, Price/Book Ratio is 49.4, and they have a low Debt/Equity Ratio of .33. However, their Price to Industry is 169%, a significant premium.

Since December, the stock has rallied nicely from $72 to a high last Thursday of $117. Charts look like a longterm investors wet dream. Daily Chart has rising support @ $92 and $107, with overhead resistance @ $120. Stochastics are in the peaking @ 92 & 90, with a climbing RSI @ 75 and Momentum @ 25.3. On the Weekly Chart it has broken out on the top end with the only support now @ $112.

AOL has been a strong performer here recently, and the indications are the trend will continue? Perhaps not, with their recent announcement of a $2.00/month subscription fee increase, I believe they are going to experience a huge net loss in subscribers. Besides, I never liked their service and I do like being the contrarian....All the analysts seem to love the stock, it's time to sell it!

(RDRT....Read-Rite Corp)

Read-Rite Corp. designs, manufactures and markets magnetic recording heads for rigid disk drives. Revenues for the 1st Qtr. ending 12/31/97 were up 4% over the same Qtr in FY `97, but down 18% from the preceding Qtr. Net Income for the 1st Qtr was a loss of $91MM verses a profit of $15.7MM in the earlier Qtr.

RDRT's book value is $9.46/share, of which $4.71/share is in cash. EPS (ttm) is ($0.45), P/E (ttm) is NM, Price/Sales Ratio is .62, Price/Book Ratio is 1.59, and Debt/Equity Ratio of .88. However, their Price to Industry is 67.6%, a significant discount.

The stock was trading near $32 a year ago and has been in a serious slide since September. Daily Chart has rising support @ $14 and $15, with overhead resistance @ $16, which it has failed to punch through after three (3) times last week. Stochastics are in the trending up @ 68 & 59, with a climbing RSI @ 54.5 and Momentum @ 0.09. On the Weekly Chart it has rising support @ $13.50, with resistance @ $16 and $17.50. Stock has broken down on the Monthly Chart, with initial resistance @ $16. A lot or resistance @ $16, but once it breaks through, we're off to the races.

RDRT is another contrarian pick. A stock that has been beaten down for too long and ready to turn around.

Of course, these are only my opinions and I've been wrong before. Man, have I been wrong before ;-)

Regards,

Jack



To: pz who wrote (13445)2/16/1998 12:35:00 AM
From: pz  Read Replies (1) | Respond to of 53068
 
ZSTOCK CONTEST DEADLINE EXTENDED TO 2-16-98

Since the market is closed on Monday the deadline for picks is extended one day.

Paul



To: pz who wrote (13445)2/16/1998 8:05:00 PM
From: freelyhovering  Read Replies (1) | Respond to of 53068
 
pz--My two picks for the contest are KRSL and VII. Both are 99RS stocks that have good technicals including powerful OBV, TSV breakouts; BOP and MoneyStream showing strength. KRSL is recovering from a correction and is in a rising industry(aerospace) and VII has no resistence in sight until it runs out of steam. Myron