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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Bob Rudd who wrote (4650)8/14/1998 10:51:00 PM
From: James Clarke  Read Replies (1) | Respond to of 78648
 
A broker expressed to me very clearly what has changed in the last month. The market has gone from "buy the dips" to "sell the rallies". At first glance it just sounds like wordplay, but thinking psychologically we are talking about a sea change.

Jim



To: Bob Rudd who wrote (4650)9/14/1998 1:08:00 AM
From: lizard lick  Respond to of 78648
 
For value, check GRLL, long term eps reiterated at 35%, pe of 8.5 on next years earnings, they are off 7 months of obliterating analysts attempts to estimate, piper left dizzy, rssi upped estimates, they are out performing in their worst part of the season, and we are only some 45 days away from the ending of another quarter, Also stock was unusually hit in the market sell off due mainly to small float 2.5 mil and the loss of marginability and resulting calls, which looks to have ended last week, when it traded under 4 1/8. It will be the sector performer of the year and if you do your research you will see it is absurdly cheap, but not for long,MARK MY WORDS.