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To: IQBAL LATIF who wrote (22063)12/22/1998 11:31:00 AM
From: Chuck Molinary  Respond to of 50167
 
Ike,
<<I would think ALA is one of the good stocks still undervalued>>

Is "ALA" a pick for all of the Muslims in our audience? <ggggg>

ctm



To: IQBAL LATIF who wrote (22063)12/22/1998 11:50:00 AM
From: Neil H  Read Replies (1) | Respond to of 50167
 
Iqbal

Thanks for your comments on ALA. I found what I regard as a good long value. Check out Mattel (MAT). The leader in the Toy industry, High this year was about 46. Currently at 23 (not a split). Dropped due to customers not carrying inventory like they did before and also just is buying The Learning Company (2nd largest software Company after Microsoft).

They will solve their manufacturing and distribution problems and fly. I expect 50% increase by mid year 99. I just bought today a modest amount today.

May be a bit early and may correct more in a market correction but think it is nicely valued now.

Also like Schlumberger long term at this price. But do not expect turn around soon. Do not own this yet.

Hoping for nice numbers from 3com!

Comments anyone? .

Regards

Neil



To: IQBAL LATIF who wrote (22063)12/22/1998 2:01:00 PM
From: James C. Mc Gowan  Respond to of 50167
 
Hi IKE; re: Corp/Treas Spreads-update from Moody's Dec 18 shows that lowest quality Corp and Industrial bonds have actually increased the spread with Treas and have surpassed the 12 month high
e.g. Corp Baa rated spread is 223bp, previous 12 month high was 217 and November was 209.
So Alan Greenspan has not moved the buying interest in junk bond yields, although higher rated Corp/Indusr. have improved somewhat from the year's lows.
So, do we get a move in interest rates today from the Fed? Consensus is not now, but maybe February.
Meanwhile JPN appears to be breaking down and I've decided to throw in the towel for now, taking a loss on JEQ
The RUT is tantalizing us, chart appears to show it has touched the 402 level 4 or 5 times in the past 6 weeks, without breaking this O/H resistance; love to see it finally make a January small cap move to your targets.
Any update on FHS; I bought this at 12 and sold shortly at 14 1/2(Thank you); put in a buy at support at 11 1/2 and see it appears to be breaking below 50/200 day MA now. This looks to be a short term pop for this HMO in week's past; are poor fundamentals now taking over or is this still a value play, as is still down substantially from 52 week highs?
Thanks for keeping the thread updated on your SP Futures levels as these are most helpful for short term trading.
Hope all is well in Paris
Regards
Vocex



To: IQBAL LATIF who wrote (22063)12/28/1998 5:38:00 PM
From: IQBAL LATIF  Respond to of 50167
 
Let's put contrarianism to the test.
morningstar.net