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

To: LemonHead who wrote (2933)	11/30/1998 3:42:00 PM
From: Crossy	Read Replies (1) \| Respond to of 37387

Keith, I would disregard this. They fear of the valuation. A brokerage loves to "administer" the price appreciation. The stock shot up to $35+ and then retreated to $17. I loaded up today at $19 and plan to hold it til $50-60.. Look at the PSR. They are the entertainment retailer with the most web-exposure other than CDNW or NTKI. This warrants at least half of CDNW/NTKI PSR ratio. In fact the company is selling for PSR of 0.50-0.60. At least PSR of 2.00 should be attainable with ease, that would be even $70. So I'll hang on. I always do this: entry with FA, TA gives tiiming. Exit with FA or TA. I watch the daily candles. When they say "sell" I do.. regards CROSSY