To: Susan Saline who wrote (17805 ) 12/14/1998 9:22:00 PM From: Larry S. Read Replies (1) | Respond to of 53068
Chat MAT, CD, CPQ and Willy's willy: - Suzie, sorry MAT didn't work out for you. I bot some at 22 1/2 and am comfortable holding it. I think this reaction is way overdone on this world class stock. The fact is they are diversifying into educational and computer toys in a reasoned manner. And Barbie remains one of the strongest brands in the world, along with mickey, coke, marlboro, and kodak. I look for MAT to gap up tomorrow or soon, and see 21 - 22 as major support and buying area. CD -traded back to the high 17s today, a real gift, IMO, given the fundamentals developing on this stock. Would stock up and add to positions at this level. CPQ - CPQ has replaced CD as the stock that i think has the most short term potential. It looks like major break-out mode here above 40. It acted very well today, held most of the day, and went down some very reluctantly. I see CPQ trading between 55 and 60 in the next few weeks or months. Look at the call option premiums on this stock. They are HUGE. Impeachment. This seems to be one of the dramas we have to go thru. The Republicans are milking this for all its worth. Yes, Willy was a naughty boy, but the overwhelming consensus of the American people seems to be that his indiscretions are not "high crimes and misdemeanors" that warrant impeachment. Though the house may play its role in this charade, it is highly unlikely that the senate will convict willy. and do we really need CNN covering Monica's relating where and how they did "IT". I think that the impeachment stuff will be done soon, a deal will be struck. I also think that this market pullback is being blamed on the impeachment concerns, but that is really the excuse for a much needed pullback after a rally from 7400 back to 9400. I see a downside of perhaps 8400-8500 before we get some recovery, then see a strong move up. larry