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

To: Bogeey who wrote (4724)	10/30/1998 8:21:00 AM
From: Mark McLeod	Read Replies (2) \| Respond to of 7247

The most successful and valuable baseball players get predicable base hits and not home runs. A predicable number of base hits will always outperform the occasional home run, and usual strike out. From Briefing Com ------------------------------------------------------------------------ Updated for 30-Oct-98 Computer Networking •Quiet day in networking sector as group ended the day narrowly mixed... Fore Systems (FORE 15 15/16 +7/16) bumping up against trendline resistance... Break of 17 on closing basis would signal trend reversal and target move to low-20s. •Best value in the group clearly Xylan (XYLN) as stock trades at 14.9x estimated earnings with a PEG of 0.39... Briefing expects stock to test 20-22 range over next 12- to 18-months. The Berraism I usually follow is,"when you come to a fork in the road, take it." I do and it is usually wrong. Mark