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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (10564)11/30/1998 5:33:00 PM
From: Dennis J.  Respond to of 34811
 
CD is rebounding from a financial mess. As they restructure, and sell off non-core assets, I expect the market to appraise what's left more favorably. So a multiple re-appraisal on a new earnings outlook is what I expect.

AMAT is more widely followed, and has an earnings outlook of some $2 for Y2K. While it will no doubt move up 25-50% or more, that would seem to be the minimum for CD.

Hope this helps a bit.

Dennis


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