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Re: mlsoft post# 40627

Friday, 11/01/2002 9:23:41 AM

Friday, November 01, 2002 9:23:41 AM

Post# of 704019
THC- Normally I would think that the selling is overdone but THC is still selling at 3X book and and the street has been selling these mishaps down to book many times. I think there is so little buying that when these issues get hit it's not so much that threre are so many sellers but more for a lack of buyers. The mutual funds with redemption week after redemption week got to be close to being net sellers as cash levels are historically low. I bought some THC last night but sold it after about 10 minutes as the gap downs on these guys can really screw ya.

Fundamentally I think THC is a great comapny. I just think they are still overvalued in realtionship to there growth rate.

Joe


Joe

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