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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: HandsOn who wrote (266)2/26/1999 11:29:00 PM
From: Jon Scott  Respond to of 19256
 
You have to appreciate a well-calculated pick.
I went with VIRGY today after looking at it's fundamentals in comparison to other airlines.Not really a potential quick mover, but solid enough.
Maybe Branson will sell?
imjon1@hotmail.com



To: HandsOn who wrote (266)3/3/1999 11:44:00 AM
From: AC Flyer  Read Replies (1) | Respond to of 19256
 
VIRGY oversold....

....at 9 1/4. Now trading at 28.45 Euro/IDS in Brussels, up strongly from yesterday's close, equivalent to $10.34/ADS.

4Q98 earnings now about 3 weeks away. Will surprise on the upside. Recently announced stock buyback will reduce float by about 10% this year. VIRGY will form a new base at the $10 to $11 dollar level before moving up again sharply in July. Year-end target $18 - $20.