To: Eclectus who wrote (41026 ) 3/26/1999 9:58:00 PM From: MARK BARGER Respond to of 95453
I don't have time to check in as often as I used to. It makes it easier to not trade this sector though. If I would have had access to a computer during the day I would have been tempted to trade the hell out of these run ups. Good luck trying. These stocks have definetly turned the corner and in a couple of months when the fundamentals actually start to improve, our early entries will be lookin' smart. There was a veritible feeding frenzy on FGI the last 2 hours of the day. It is my prize holding in my portfolio. I am very curious to see how the huge backlog holds up the next quarter. On Yahoo there are still reports of FGI trying to hire as many warm bodies as they can get. They never came close to a lay off even as oil was pushing $12. Hey Big, is FGI still going on all cylinders? If they made over .50 last quarter what's to keep them from making .50 for the next quarter if they are still all booked up? I'm in VRC, FLC, WFT, and FGI in this sector. Even though FGI is up over 50% in the last 3 weeks, it still has a P/E of around 10. Those LTD types who claim this sector is overbought short term still don't get it. This sector is still so oversold long term it's unbelievable. I see 20 within a couple of weeks. When FGI hits mid 20's barring any stange happenings I may start to lighten up some but we still got a ways to go. The frenzy late today was very bullish to me. Those smart enough to trade go for it, but the trend is set. By the way, Slider I love your posts. Exactly how many OSX stocks do you own by the way. Isn't more than 4 or 5 overdoing just a little. I just buy 4 studs and watch the heck out of them, just my opinion. Congratulations all of you long termers, great thread too! Mark