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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: MMK who wrote (11730)3/24/1999 10:30:00 AM
From: JamesT.  Read Replies (1) | Respond to of 56535
 
TraderJ..All..PNGS... I saw on T.I. where you were watching for a possible play for today. Saw it get hammered yesterday. Seems to me their products are good, They over estimated their sales. So they say

If not for short term do you think this issue would be good for a longer term hold? Any thoughts on an entry price? Seems to be going nowhere at the moment, 11 5/8 x 11 3/4.

Thanks, JamesT



To: MMK who wrote (11730)3/24/1999 10:33:00 AM
From: Trader J  Read Replies (6) | Respond to of 56535
 
VVUS - I doubt they will be able to keep it up. It has been a dysfunctional stock for some time with no more than flaccid earnings in the past. If they could erect more of an international following, then I think the stock price could firm up here.....but even then, that could be premature.

TJ