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To: Harold S. who wrote (39921)3/14/1999 4:03:00 PM
From: Crimson Ghost  Respond to of 95453
 
Why not go to fall 1997 peaks? Because oil prices were well above $20 at that time and even the strongest bulls here do not expect $20+ crude for a long time to come.



To: Harold S. who wrote (39921)3/14/1999 4:33:00 PM
From: Gary Burton  Read Replies (1) | Respond to of 95453
 
Harold-I'm trying to be conservative . Unlike some other folks here, I'm still leaving open the idea of subsequent new lows and as such I'm only willing to play this run one wave at a time here. If and when OSX gets to 70/72ish, I'll re-assess. Again at 77-80ish, the next resistance area after that if the 70/72 falls. Right here, right now, I'm still bullish.



To: Harold S. who wrote (39921)3/14/1999 5:05:00 PM
From: SargeK  Read Replies (1) | Respond to of 95453
 
Harold,

Fall of '97 Stock Prices: 10/10/97 UFAB 42 7/8 (all time high) Stockholder equity has grown significantly since then and it is a much larger company with earnings growth potential (analysts forecasts) of over 4 times that of the S&P500........

Thanks for the suggestion..>>grin<< ( At current price UFAB is almost a three bagger at 1/2 the old level.)

K