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Strategies & Market Trends : SPARKY'S CORNER -- Ignore unavailable to you. Want to Upgrade?

To: Bruce A. Brotnov who wrote (3764)	11/18/1998 10:06:00 AM
From: Jeff Mulder	Respond to of 4142

Bruce, glad to have you aboard JAKK. So far, it's moving the right direction. Like you, I'm wary of RUSH. Its recent price action is not at all compelling. Should the stock return to the 7s, I may place a buy stop somewhere in the 8s hoping to get picked up in an upswing back to the $10 range. One of the analysts covering RUSH upgraded the stock last week. Right now, all four analysts covering the company have "strong buy" ratings on the stock. It'll be interesting to see is they wax Q4 estimates as handily as they did Q3 estimates (exceeded by 30%). I think group weakness explains much of why RUSH is lagging. IBD puts it in Retail-Misc, but it probably better fits in a transportation or truck group, and all of these groups are at the "D" and "E" end of the scale. - Jeff