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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Radley who wrote (10513)	11/24/1998 5:46:00 PM
From: LTK007	Read Replies (1) \| Respond to of 29382

Excellent post Texas--won't rush an opinion--but will study for sure---Sergio,you should like this one Texas has brought forth---- now to all I am thinking of buying defensive DOW puts for November 1999---since the market is now flashing its bull's horn's would this not be the best time to buy November'99 DOW puts? Max

To: Arthur Radley who wrote (10513)	11/24/1998 9:03:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

<SUMX> Texas Dude, nice small cap. We're waiting for the small cap rally to begin and I'm sure that SUMX will follow suit. Co. seems to be doing everything right. Reducing debt, stock repurchase plan, growth by acquisition and sale of less desirable divisions. Earning blowout seems to be fueled by addition of acquired companies into the earnings. Is that correct ? Ohio has target price of $21 and JC Bradford hasn't put out a report on this co. in a while as far as I could tell. www.jcbradford.com Nice stock TD. Can't wait until the market starts finding stocks like these. Amigo Sergio

To: Arthur Radley who wrote (10513)	11/24/1998 9:17:00 PM
From: Cary C	Read Replies (1) \| Respond to of 29382

SUMX.... Texas dude nice job of sorting down a list of stocks. I took a quick look and on the surface it looks like a mighty nice stock. It somewhat resembles ATPX (another amigo favorite). The chart similarities are close from July 98 to current. Like ATPX it has a small float situation also. That can be could or bad as I am sure you are aware. It makes it difficult for institutional interest because of the liquidity problem. I didn't go into detail but I wonder if they mentioned what their backlog was? Something that might help you project outlook of future growth. One other thing you might want to consider for you final weeding out process is the stocks current and future TA outlook. As others know on this thread <g>. TA is definitely not my strong point. To me it looked like SALT was overbought and would probably slow down. I would like to see the stochastics and RSI turn up on SUMX. It also appeared that it was trying to decide if it was going to cross downward on it's DMA. You might get a better price short term. iqc.com I would greatly appreciate all of the TA guys not flaming me for this. Keep in mind, every once in awhile I just like showing you guys how little I know :>). Cary