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Strategies & Market Trends : Taking it in the shorts -- Ignore unavailable to you. Want to Upgrade?


To: investz who wrote (808)7/22/1998 10:31:00 AM
From: Michael Berkel  Respond to of 944
 
Eric, I am long INNOTRAC (INOC). Gapped up 2-3/16 to 12-5/16 on triple normal volume. The provider of marketing support services reported a whopping second quarter profit of 33 cents a share, a 74% increase from a year earlier and 8 cents above estimate. INOC is going to earn more than a buck this year and only trading at a p-e of 13.
Isn't that a screaming buy?
Happy trading,
Michael