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To: DanZ who wrote (15191)7/12/1998 1:08:00 PM
From: Paul Dubsky  Read Replies (2) | Respond to of 53068
 
LTCW
Hey Dan! Long time no chat. I've been pretty busy on the work front lately, so haven't had time to keep up with this thread (any for that matter), but wanted to touch base with you regarding Let's Talk Cellular.

I've followed your TA on many occassions in the past and was handomely rewarded, e.g., PETM (made more money on PETM trading between $5 and $10 than any other stock), DIGI (although I have to admit, I wasn't in during the big buyout announcement), etc...

You're sensible, unemotional and pure TA. You mentioned a few days ago after LTCW tanked that you thought it presented a good buying opportunity around $6 (money flow indicator looked to bottom). As is usually the case with Dead Cat Bounces, value plays, it's tough to call the bottom.

BUT, do you think $5 looks good? The price ratios look incredible: Price to Sales ratio of less than 1/3, price to book of just over 1, PEG looks so low that it's almost negative!

So, as one of the fortunate souls who hasn't bought any LTCW yet, what do you think the short term (1 - 3 weeks) holds, and the mid term (1 - 3 months)? It would be hard to say that the long term > 6 months wouldn't produce enormous returns, but as much as I hate to admit, I'm a TTMAR kind of guy.

Thanks for any input.

Anyone else, please feel free to add you input as well.