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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (3926)	12/3/1998 3:47:00 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 4634

Another fine buying opportunity is forming. Those who are getting frightened by the Brazil nonsense or worrying about "deflation" are making a terrible mistake by selling. As I mentioned previously, I am reeling in Costco at any price below 60. AMAT is now up 100% since I first recommended it during the market meltdowm.....I'm still a buyer at these levels and my price target is still 70 a share. CPU is still thrashing but the story will need time to play out and I am not budging on my opinion that the company is headed much higher in 99. If CSCO takes another dive I will buy back my covered calls and increase my position. I still like AXP and I already sold my BT at a significant profit after the buyout announcement. Last but not least, more IFMX!!