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

To: Sergio H who wrote (8976)	9/22/1998 8:30:00 PM
From: LTK007	Read Replies (1) \| Respond to of 29382

Thanks,Sergio--the fact that it is below Book Value makes this a pretty safe play--I am doing some more research on it myself---found that was for a long time a private company and owned by Malcolm McLean the Father of container shipping---and came out as an IPO last year and ran to 14--then got crushed in a .02 earnings versus a .14 cent earnings for previous year--Alex Brown downgraded from buy to market perform--combined with the overall smallcap slaughter it got sucked into a freefall--the company in now expanding to coastal container barge transport---TA aficianados generally consider the U/D slope to be a good indicator that the "smart money" are coming in---will think about making a play overnight--at this point,a point would make me happy:) Max BTW,oil sector hit by another gloom prognosis by BHI--but all that I read states that there is tremendous disagreement regards where the price of oil is going--so called experts in total disagreement with each other.