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


To: Matt Brown who wrote (18918)3/9/1999 11:41:00 PM
From: Instock  Respond to of 122087
 
Fatt Matt: If EFAX drops from current 8 7/8 down to $7.50, let the buyers come in if they wish.. 15% gainer, 30 % gainer in using full margin.
Could also drop and fill the GAP at $5.83. Heck, the Markets could tank and then $5.83 would be very relistic!

Tech stocks probably are going to be weak for a few days. The IBM thing going on... and all.

A Press Release bragging that their lines are full? First of all, who says they are? and if there are full, I 'm not sure that is something a company would want to brag about.
Be like admitting they can't keep up.
With a Profit margin of minus 12%, they should want LESS customers. Each customer is costing them earnings, more or less so.

Bed time...

Instock