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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 (4091)12/30/1998 4:57:00 PM
From: RockyBalboa  Respond to of 4634
 
Congrats on CPU. Up 3/4 so far.

I see tha monies streaming from the internuts to other sectors. Notice that the financials were strong, too.

CPU definitely in buying range now. Difference is that I can afford the triple amount since I left cpu earlier (and $2 á share left over).

techstocks.com

C.



To: Bill Wexler who wrote (4091)12/30/1998 6:50:00 PM
From: chester lee  Read Replies (1) | Respond to of 4634
 
Bill,

<<Like many cyclical stocks, CPU tends to get hit with the most downgrades at the bottoms and upgrades at the tops.>>

True, and that begs the question of bad timing from analyst (translation: incompetence) versus manipulation (so that estimate can be beaten). Now that the downgrade is done, I'll bet the price of CPU will rise in Q1 99', which will stimulate analyst upgrades without an estimate increase.

chester



To: Bill Wexler who wrote (4091)12/31/1998 4:22:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 4634
 
I can't stress this enough...keep accumulating CPU.

CPU should not be daytraded, nor should an investor get frustrated and make the terrible mistake of selling this issue because it isn't moving "fast enough".

I consider CPU to be one of the most compelling bargains out there.

Patience.