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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (7720)8/15/1998 10:55:00 AM
From: James Wright  Read Replies (1) | Respond to of 29382
 
If you are looking to bottom fish for companies with high growth that have suffered during the market downturn, I suggest you look at ANLT. I owned ANLT early this year during its run up to around 50, and recently started considering the stock for re-entry. It has a sustained growth rate of 48% with a PE of only 24. There seems to be support at 22, and I have a buy order in at 22 1/2.

I'm also thinking of re-entering THNK if it dips below 18. There seems to be strong support at around 17 1/2. The company has a projected growth rate of over 140% with a PE of 73. THNK has taken some hits recently due to SEC reporting problems, the high cost of a severance payout to one of the founders, and the cost of releasing shares to other founders. However, those growing pains are now reflected in the price and should not effect THNKs continued explosive earnings and revenue growth in a very hot market segment (new media/Internet advertising). (I was one of the original THNK'ers, having bought around 11 just before it exploded up to near 40 -- although I sold at 23 1/2.)

Anyway, take a look.

-- Jim



To: Magnatizer who wrote (7720)8/15/1998 11:24:00 AM
From: freelyhovering  Read Replies (1) | Respond to of 29382
 
David--Another smart person with a view contrary to the doom and gloomers. Message 5492205. Myron