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Strategies & Market Trends : Multi-Day Momos -- Ignore unavailable to you. Want to Upgrade?

To: Lawrence Burg who wrote (124)	5/14/1999 9:04:00 AM
From: Rob Tap	Read Replies (1) \| Respond to of 397

I agree, March and early April held some exciting announcements and should have propelled the stock higher. I can have "dead money" for some time. I just do not like a loss. When good announcements start to fly again (and they will): and the volume picks up again; it may be too late to accumulate a big position cheaply. If it has bottomed; now is the time to buy, not in the midst of hoopla. Maybe that's the difference between an investor and a momentum sock buyer; both styles are great, when they work. Take a look at U.S. Plastic Lumber (USPL) earnings and a conference callthis Monday are anybody's guess, as is near term reaction in the stock:It is a company being remade with very successful new management in the form of Louis Paliano, who built up Eastern Environmental Co. and sold it to Waste Management for $1.3 billion last year:-- but two powerful divisions are powering this company towards very positive growth, the least of which is that their Plastic lumber product (a competitor to pressure treated lumber, with many advantages) has just been accepted for sale in west coast Home Depot stores. Check it out. good luck BOB