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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (554)4/14/1998 10:18:00 PM
From: Sergio H  Respond to of 13094
 
Jim, I'll be watching it at opening.

Sergio



To: James Strauss who wrote (554)4/15/1998 10:37:00 AM
From: IsaacF1  Read Replies (1) | Respond to of 13094
 
James:

IVX

Your right, home run potential but definitely a risky play.

Here's some info I've dug up on them:

PE is currently 54 vs 26 for the ind avg.

PE is expected to be 24 by years end.

92earnings $.47...$40 price hi $21 lo
93........... $.94......$29 ...........19
94........... $.77 .....$38 .......... 14
95........... $.96 .....$32 .......... 19
96........... $-1.31.....31 .......... 9
97........... -1.81.....13 ............ 6
98(est)...... .20
99(est)...... .40

Good earnings outlook.

28% of stock is owned by funds, banks and mgt.

What do you reckon is a safe point of entry?

IsaacF1