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Gold/Mining/Energy : Loews Cineplex Entertainment (LCX) (was CPX) -- Ignore unavailable to you. Want to Upgrade?


To: Bill J. Landis who wrote (201)5/11/1998 3:59:00 PM
From: musicguy  Read Replies (1) | Respond to of 295
 
Bill, I really believe that the worst that will happen is that you will get bored and sell your 1000 shares for what you paid, and lose the commissions......

That is not much of a downside as I see it... especially when you could be holding 100 shares of LCE valued @ $25-30 soon...

pure guesswork, no one knows, but take a look at the other theater chains and what they are trading at..

CPX leads the sector NOW while trading @ under $2... one competitor trades @ $52!!! LCE will be enormously bigger and have SONY and Universal muscle behind it... Can you tell me what it will be trading at in 3 months? 6 months after summer blockbuster revs are in?? a year ??
I have quite a few shares, and I am holding onto them for a long time....

I think you'll be happy soon, just understand that this isnt a daytrade..

MG