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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (8715)	10/16/1998 3:10:00 PM
From: Logistics	Respond to of 25711

Just received this e-mail. This guy is a TA wizard. ALERT Just received this regarding HOT!! HOT: I see a short-term bottom, volume is huge the last couple of days. What's up? 29 is possible in the next few weeks. This guy is a TA guru. By the way great day today. Money made all over the place:: BMCS - 2 1/2 points ASPT - 1/2 point and back in to hold over weekend. AGTX - 1/2 point. JL

To: Joe Copia who wrote (8715)	10/19/1998 1:35:00 AM
From: Jerry S.	Respond to of 25711

EX (Exide)- looked extensively more into it this weekend - I'm going bottom fishing in the morning! I agree, a definite overreaction. Looked like a lot of buying at the close with big block buys after close. Management change will help. Can you believe that a company with a 30% market share has a current market cap of only $150 mill and trading below book? That is not computing in my book. This is a co. with over $2 billion in sales! Certainly deserved the reduction in price from $20's over last couple of months, but should be valued much higher than current, with $15 minimum, and should get revenue boost in next 2 quarters in light of cold weather returning. Such a low stock valuation could get it in the buyout category also.