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Non-Tech : Chase Manhattan (CMB) -- Ignore unavailable to you. Want to Upgrade?

To: Doug who wrote (154)8/10/1998 1:41:00 AM
From: Moominoid  Respond to of 213
 
As a CMB veteran, at what price would you rejoin the club.?

I have no idea. I'll decide on the basis of a turning point rather than price. I don't see it as overvalued now (on the basis of analysts forecasts). However, forecasts could be optimistic. If the turning point comes in when it appears overvalued I won't buy.

David



To: Doug who wrote (154)8/12/1998 12:10:00 AM
From: Moominoid  Read Replies (1) | Respond to of 213
 
I have a buy signal on Chase based on yesterday's close. However, given my long term view of market direction I won't be jumping back in. I wouldn't be shorting it either though short term. This could be a local short-term low. So if you get in monitor VERY closely.

David


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