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Non-Tech : West Marine WMAR -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (172)	6/5/1999 1:01:00 PM
From: Dale Stempson	Read Replies (2) \| Respond to of 400

Well it appears we're heading back towards that $15 level we bounced off of last month. There was significant volume there as it seems some profits were being taken. We could be approaching a showdown: blow through the mark or double top and ease off? I'm tempted to lay in some sell stops, but recently there has been a number of days with wide trading ranges and I fear getting caught on a momentary downward spike. I guess I'll just have to keep a close eye on this one for the short term. In any case, the May sales numbers look pretty good and we're still a long way from the levels seen 12-24 months ago. While I agree with your comments in previous posts regarding fair valuation for WMAR, we all know that the market is not fair at times. Let's just hope we see some "unfair" valuations with a move into the high teens. Regards - Dale (OT: BTW, I certainly blundered with the timing of my recent IOM purchase. That stock is a sickness. <g>)