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To: Chas who wrote (28532)8/28/1998 12:44:00 PM
From: Redman  Respond to of 95453
 
Well, I doubled my position in mavk. Now it only has to double to get my money back. Of all the sectors, I like the way energy related stocks are acting.

green



To: Chas who wrote (28532)8/28/1998 12:45:00 PM
From: diana g  Respond to of 95453
 
Re:"... Varco at $8.75. 8.7 PE. This is unreal. I am having a hard time restraining myself from buying more to average down :)..."
That's just how I'm feeling!!!! Looks like it's bouncing nicely too!!!

regards
diana
EDIT---I've got control of myself now. Darn! That must be how Slider feels all the time!



To: Chas who wrote (28532)8/28/1998 1:18:00 PM
From: Todd N  Read Replies (1) | Respond to of 95453
 
Chas,

Like you, I have been tempted to buy more VRC today, but...I'm getting sick and tired of averaging down in that stock! I've bought three times in the last three days.

Picked up some more CDG at 15 5/16 today instead. After conversion into FLC shares, that price comes to $9/share of FLC. I can't believe it! That makes the current PE 5.8, and the PE of next years earnings 3.7!

Too many values...not enough money.<G>

Todd