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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: Crossy who wrote (2878)11/19/1998 4:40:00 PM
From: Rick C.  Read Replies (4) | Respond to of 37387
 
Hi Crossy ~ Way to hit and run on your PWAV. Nice to see.

Getting into TLTN now should set you up with time to profit take and slide right into EBSC about January, if TLTN produces as anticipated. That's a nice strategy.

I hope for the best with TLTN, but have concern at the very thin institutional ownership of the company. Why don't you think they are interested?

With retail doing fairly well, have you looked at PIR lately? Seems that it would qualify for your value category, especially with holiday buying season approaching. It has directly benefited from asian problems since 70% of its merchandise comes from that region.

It's possible that Wall St overreacted to less than expected quarterly and to slowing same store sales gains by hammering price down to 9 area - dropping its PE to 7:1 range - which should put it in category of value stocks that you like to watch? It just gained 13/16 today and is already back to 10-13/16. What do you think? Certainly is cheap enough.

I'll join you on the EBSC, but will probably wait until mid-Dec. after we get an idea how Xmas. buying season will be unfolding. Prospects looking good at this time apparently.

Regards,

Rick