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Pastimes : John Dessauer's Investors World -- Ignore unavailable to you. Want to Upgrade?


To: Krikor who wrote (1488)8/5/1998 6:04:00 PM
From: Gail Morgan  Read Replies (1) | Respond to of 2346
 
Today Wed. 8/5/98 hot-line was overwhelmingly positive.
John said sell off was due to summer fears on the part of Professional Managers. JD says fundamentals are strong and positive and we have nothing to fear. JD says Growth is slow due to Asian Crisis and that we should hold and indeed, buy more of our good stocks.
He's still recommending CLD, BFT, CCR, LSI, HLT, SFA.
BFT has me puzzled. JD recommended it from $9 all the way up to $35.62 when he said buy on weakness, and reiterated buy under $30. Well, it's still a buy at $22.625! I guess we have a second chance to buy BFT even though it has negative earnings! I'm a bit concerned BFT will be another Cendant. Anyone hear any more news about the questionable accounting? JD doesn't believe the accounting is bad, but then he thought CD couldn't possible have any new bad news either!