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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Thomas Frank who wrote (2648)4/17/1998 2:54:00 PM
From: Crossy  Read Replies (1) | Respond to of 37387
 
Tom,
the 150 million forecast is CONSERVATIVE, just by stripping out the special effects from this quarter. What I like so much about PWAV is that while revenue were reduced from 37.5 mio to 22.5 mio. the company showed a 0.12 profit which is an extraordinary achievenemt. If they sell 37.5 million again, profit is 0.35-0.40 at least. I think 99' sales will be higher probably 180 million $$. NEver sold covered calls, will try this for the first time <G>

best wishes
CROSSY



To: Thomas Frank who wrote (2648)4/20/1998 10:48:00 AM
From: Crossy  Read Replies (1) | Respond to of 37387
 
Tom,
PWAV - wo we are past $21 right now. I've never seen a stock with that kind of a momentum - only this time I',m aboard <G>. My TA tells me we have a freeway to 24-25. Then a pause due to option expiry. I should sell covered calls 22.5 May, next week

best wishes
CROSSY


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