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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Shea who wrote (7929)6/4/1999 11:46:00 AM
From: Joe Lyddon  Read Replies (2) | Respond to of 57584
 
What is a DCB? Sorry, but I had to ask.

Thank you,
Joe



To: Kevin Shea who wrote (7929)6/4/1999 12:04:00 PM
From: Kevin Shea  Respond to of 57584
 
Rande: on GTDC - it looks like it was going SAM during the recent bottoming, thus it should see some real stiff resistance at 15... cannot guess at the recovery period... and to add fuel to the fire... it fell below it's most recent low 12.5.. which should have provided a bottom "marker".. not a good sign..... but WDIK?



To: Kevin Shea who wrote (7929)6/4/1999 12:04:00 PM
From: Rande Is  Read Replies (3) | Respond to of 57584
 
Anyone wish to take a stab at calling the DCB on GTRC? It is beginning to look like the worst may be over, in my opinion. I think we will gather more BARGAIN hunters over the weekend than we will GTRC dumpers.

PE = 8.7 here

This could be played swing off the dead cat bounce or long-term hold sleeper on a turnaround after merger. And remember that these HOME DEPOT style category killers are driving the little guys out of business wherever they set up shop. I have many friends that own music store chains. . . and they are constantly griping to me about decreasing margins to stay in business, due to the "ball and chain" retailers.

Any contrary feedback for us to compare?

Rande Is