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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: Dragon 1 who wrote (7565)	2/24/1999 11:40:00 AM
From: Thean	Read Replies (1) \| Respond to of 14427

Dragon, I would not do a quick trade here on TWLB. In the old time an oversold stock got a pop the next morning. But for the past year ever since the nifty fifty became a trend, any problem stock that took a steep beating never recovered the next day. In fact, the chance is high that it will stay down for weeks. I had a few quick trades turning into recovery situations. I would stay away. The company is down for a very good reason - not much different from those reasons given to the drillers. I would look elsewhere or do nothing. The PE is low, but may be very high next year when the company may take extra charges to write down their overproduced inventories. If you visited any vitamin stores lately, pay attention to the steep price discount on all the herbal and vitamin products. There is a reason behind all these and their profit margin are thining and becoming thinner. As a group I don't think the first half of 1999 will be the recovery time for them.