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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (7157)	2/1/1999 10:56:00 AM
From: snerd	Read Replies (3) \| Respond to of 56535

TJ... I also placed a hard stop when it looked weak at opening. Didn't want to chance not being able to get back to place sell order. Always chancy with WebBroken. Snerd

To: Trader J who wrote (7157)	2/1/1999 11:32:00 AM
From: Jerry S.	Respond to of 56535

Hey guys, I have an interesting one .... HMK (Ha-Lo Industries) Unmercifully oversold on an analyst downgrade, get this, from Strong Buy to Buy! It was based on eps estimate going down from 1.06 to .97 to 1.02. The downgrade (not much of one, imo) also related to struggling telemarketing division, however, that division only accounts for 5% of revenues. This co. was $35 just late last week and now around $20. Classic overreaction. News of increased call buying activity, the smart money knows this is going back up. Check out all the happenings via news releases from last Thursday & Friday and you'll see what I mean. Check it out!