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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Don Westermeyer who wrote (519)3/22/1998 8:05:00 PM
From: SCourt  Respond to of 4634
 
Sorry, don't know how to enter a new subject (I'm a 30 day temp right now and this is my first post).

I have a suggestion for a very short-term short opportunity:

Look at the chart for ASI (Accustaff). They just went ballistic in the past few days on no substantial news (or perhaps one brokerage house upgrade). This company has 2 parts to it. The first is your usual small margin temp service but the other half is new in the past year called Modis, an umbrella name to cover 31 smaller (and profitable) high-tech companies that do higher margin tech staffing, training, Y2K, etc.

Anyway, this stock is going to have to take a breather within the next few days and may be good for a 2-3 point short-play pullback. What do you all think? There's nothing but good news to follow for this company so it's a narrow timeframe. Does anyone concur?

Thanks,

SCourt