To: Ron McKinnon who wrote (16889 ) 10/24/1998 9:54:00 AM From: Larry S. Read Replies (1) | Respond to of 53068
Ideas and why: - UMG - Media One Group, large cable operator, and co-operator of TimeWarners Roadrunner cable modem service. Also has veto power on TWX/T proposed phone over cable deal by virtue of its 25% stake in TWX media group. Also takeover candidate (Paul Allen, are you listening?). Stock dropped friday from 44 to 42. chart says little downside and lots of upside in a very strong sector ATHM - @Home - has agreements to provide cable modem access to most of Amercia (except Roadrunner), stock's drop to 40 is an entry, downside 36, upside 50 +. ATHM is one of 3 companies that i see as core "future" stocks. the other 2 are: Rambus, RMBS, has technology to speed up access in existing chips, INTC investing 500$ in MU so that new Rambus chip will become part of basic computer next year. and INKT - Inktomi- has technology to increase caching, is currently employed in most services, will be a major winner. G - Gillette, 44 5/8, down from 80, getting "shaved" on disappointments of new razor campaign, never mind, still a major blue chip company. look at G's chart, look at KO's chart. Run G run. BTO- John Hancock Regional Bank Fund, closed end fund. owns regional banks. buy at 10 1/4, sell at 10 3/4. simple huh. CD - my most favorite stock right now. CEO Silverstein is on a campaign of restoring financial integrity, shareholder value, and street perception. has franchises in motels (Super 8, Howard Johnson, Ramada, etc, Real Estate: Century 21, ERA, Coldwell Banker: Travel, AVIS. Cancelled ABI deal because of terrible dilution due to CD's price drop from 40 to 10. Has said it will be a seller of companies rather than acquirer until it gets its house in order. Got totally snuckered by crooks at CUC. Is working to clean house and put it behind it. Predict CD currently 11 1/8, will be between 20 and 30 in 1999.BT - BAnkers Trust- reports terrible earnings and goes up. Street betting that BT will be bought. seems likely. currently 66 3/4, takeover in 80-90 range. DOL - Dole Foods, "slipped" on weak banana sales. Hey virginia, produce is a cyclical biz, DOL is good company. 30 is buy area. Big guys: GE, LU, MSFT, CSCO, WMT, all look toppy, and could be bought back 10-15% lower. cheapies: watch MME, moved from 5 to 7+, VLSI, showing good strength, buy near 9. HYPT, mega move 6 to 9, no idea why, but nice company. enuf.. larry