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


To: Terry Backlund who wrote (5879)6/12/1998 5:15:00 PM
From: Amigo Mike  Respond to of 29382
 
Terry,

AIRM .... target $8.25.

Strong three year resistance at 4 5/8 to 4 3/4 area. We may be breaking that area now. Next is 5 3/4 ..... very weak resistance there. Then there are no more resistance points.

AIRM is expected to earn ~.47 this year. PE would be 10 at today's price. A PE of 20 is a bit more fair. Earnings move from .01 - .05 - .07 - .08 - .08 - .11 for the last 6 qtrs.

Undervalued and underfollowed. Mutual fund managers just recently are getting interested. Recently mentioned by a mutual fund manager (2nd best performer last year) in an article by TheStreet.com. We amigos have been buying since 3.50.

Amigo Mike