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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: stockvalinvestor who wrote (423)	8/20/1998 4:21:00 PM
From: epicure	Respond to of 7247

Yes, but it has looked awfully cheap at between 2 3/8 and 2 7/8 for AGES, and may very well be there again soon. Buying on news or near news is absolutely the wrong time to acquire this (or most any other) company.

To: stockvalinvestor who wrote (423)	8/21/1998 1:31:00 AM
From: Jon Tara	Read Replies (1) \| Respond to of 7247

Kenneth, I became quite familiar with "bomb stocks" at the time of the TWA "bombing". I think BARR is the most interesting of these stocks. At that time, BARR came out of nowhere - a penny stock - but has had the greatest staying power of any of them. MAGSF makes an expensive machine limited to luggage screening. BARR make a much less expensive machine - a "sniffer" that has multiple applications in luggage and passenger screening, as well as drug sniffing. (It actually compares against a sample of what you are looking for.) I haven't really followed them lately, but their sales really took off after they gained recognition around that time. Watch these stocks tomorrow, with the threat of retaliation for the counter-attacks by the U.S. today. BARR and MAGSF certainly were bouyant today. They didn't wiggle the day of the embassy bombings - I looked, and then ignored them when they didn't react. A property of these stocks, though, is that they take a few days to catch fire after an 'event', and just when you think they are not going to react, they do. Consider ICTSF, as well. An Israel-based company that trains airport personnel. Spread is a bit impossible right here, though. I really like BARR, especially since it is marginable here. :)