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Non-Tech : FEDDERS -- Ignore unavailable to you. Want to Upgrade?


To: Jim Mundy who wrote (8)4/2/1998 7:38:00 PM
From: Robert B. Fischer  Read Replies (1) | Respond to of 26
 
Jim, I've followed this stock for years and I agree that if the China play takes off it should be a winner. But without movement / big numbers from international sales this is a pure cyclical play. Go back and look at the chart for several years and IMHO a buy @ around 5 1/2 at this time of year and a sell @ around 6 1/4 - 6 1/2 in July/August (which I'm playing it for) should make for a nice 20% or so gain. I once, not to long ago chased this stock up to 7 3/8 thinking it was poised to take off and management fouled it up with a self-serving preferred "dividend" and crushed the momentum. Closed @5 1/2 today and I'll be in soon if not tommorow.

Good luck,
RBF