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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sal D who wrote (5584)	6/3/1998 9:06:00 PM
From: LTK007	Respond to of 29382

ICP looks real good Joe,think I may go with a position in both(FJC & ICP)--thanks for bringing this up Joe.I see ICP has 4 strong buys out of the 4 covering them--in terms of entry I will use TA on both----have just checked 2nd opinion on both--they are a buy on both as longs,but state that ICP is oversold and it is a good time for entry.Max

To: Sal D who wrote (5584)	6/3/1998 9:22:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

Joe, ICP does look good. It's a stock to hold and not to play for a quick buck as I'm positive that you know. The CEO stated that he projects annual growth to be about 17% per year for the next three years. The current PE indicates that the stock is fully priced based on the projected growth rate. The Co. has successfully completed their cost cutting measures and the bottom line has improved. They have now embarked on a strategy to reduce their dependence on residential sales by increasing the commercial international sales. So far their strategy is working according to the company. Four analysts have Strong Buy ratings and Institutions have been buying the shares. I think that the last analyst to offer coverage is Hambrecht and Quist and they've also bought shares to establish a position. Sergio

To: Sal D who wrote (5584)	6/3/1998 9:57:00 PM
From: LTK007	Read Replies (1) \| Respond to of 29382

Joe,looking at the charts of both FJC and ICP I am going to make sure pull-back is over for both.But per Sergio remark about long play--I think now,as I am only thinking in terms of a summer gambit play,and FJC has a potential(that is a LONG SHOT! potential)to reach 10+ by summer's end,it's 6 dollar price will be my decision maker.I have found out that FJC has a buyback plan,making this even more secure--I am just going to make a modest play on FJC--how long I hold,or increase investment will depend on the weather reports --but ICP does appear to be a solid longterm investment and it is now on my watch-list. BTW,who owns Carrier?Max