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Non-Tech : Hollywood Entertainment(HLYW): When will it break 17? -- Ignore unavailable to you. Want to Upgrade?


To: Mary Henry who wrote (198)2/25/1999 3:29:00 PM
From: lin huan chen  Read Replies (1) | Respond to of 212
 
Mary:
No idea. I am the weak hand. The P/E is high. If something goes wrong it could be bloody. I only have 400 shares so I am not worried.
The only good news is that OBV of HLYW is still good. That means the strong hands have been accumulating.
Good luck



To: Mary Henry who wrote (198)3/2/1999 10:09:00 AM
From: lin huan chen  Read Replies (1) | Respond to of 212
 
HLYW reported 25 cents operating earnings beat 22 cents estimate. TA-wise, head and shoulder pattern is forming. If it breaks 26 it is in pretty bad shape. JMO
Good luck

PS regaring one-time charge, I never like it no matter how they spin it.