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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: av8r who wrote (12974)2/20/1999 12:55:00 PM
From: Herc  Read Replies (1) | Respond to of 122087
 
OMGA is looking like a good short---it has a pe of 95, its annual earnings dropped from 26 to 9 cents, it is 139% above its 200 day M.A., its momentum is waning, its in a cyclical industry, its products are pricey compared to the competition and new competition is entering the market, we know it spends a fortune on advertising... Catch my drift?
Well, web buddies, what do you think? It's certainly overvalued and overhyped. It's just a question of why it is defying gravity.