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To: Moominoid who wrote (22452)1/14/1999 10:07:00 AM
From: MeDroogies  Respond to of 213176
 
Well, I thought it stabilized at 44 1/8. Still, I am interested to see how quickly it comes back. It should. The buyers seem to have been biding their time waiting for a good purchase point. Now seems better than 20 minutes ago.
17 points in one year (supposing it hits 60) is about 40%. I think that'll be pretty good this year, in this market.
I thought it would hit 60 with .95 earnings, but I didn't count on the one time hit.
Still, based on the future, 60 seems easy.
One other thing, on the fall from 44 to 43, the options price rose. That's pretty interesting. Should tell us something.