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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (7301)	5/24/1999 9:10:00 AM
From: Mike 2.0	Read Replies (1) \| Respond to of 78475

Thanks but I did not jump in myself...yet :-( I watched ANLY too, not expecting it to do much until later this year, much like the ERP companies, beliving that these stocks wouldn't do anything until only after it is clear Y2K is not the earth-ending bogyman it has been made out to be. I think there will be a chance yet to buy around 14 which is approximate entry point of many ANLY insiders. ANLY, SYNT soared late Friday thanks to a very positive Business Week article focusing in on stocks due for a rebound. Curse BW :-}

To: Paul Senior who wrote (7301)	5/25/1999 10:22:00 AM
From: Mike 2.0	Respond to of 78475

Paul, FWIW, I jumped into ANLY at 15 7/8, late to the party as I could have gotten in at 14 earlier. However with plentiful insider buying at 13-14 range and 15-17 range several months prior to that I think the party is just starting. Even with the recent runup in technology services (have a look at SYNT for example) ANLY is still trading at a modest PE of 15 and yielding a dividend of over 3%. For these reasons I was willing to chase the train and believe a 12 month target of 25 is quite reasonable. BTW, was it you or someone else who expressed an interest in water stocks? I believe Azurix, Enron's water holdings spinoff, is due to IPO very soon, but can't find any info.