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Zeev Hed

11/19/04 2:05 PM

#324821 RE: DlphcOracl #324815

Yup, but with the clouds on the sector...it may take some basing. Selling TLM here for just under the bucker. Hoping they will let me back in a buck lower.

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Must Be Patient

11/19/04 2:06 PM

#324825 RE: DlphcOracl #324815

Thanks, I'll take a look at FRX. I haven't found much to bottom-fish for lately (although I did get BWNG recently).
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Must Be Patient

11/19/04 2:17 PM

#324828 RE: DlphcOracl #324815

FRX - looks like it's selling for 18x TTM FCF, over 4x P/S and P/B, and insiders have continued to sell the relatively few shares they have. Also the daily charts aren't the extreme oversold that I love to see when I bottom fish (although it does qualify on the weekly). Are you sure this is bottom-fishing material yet?
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ogm

11/20/04 12:03 PM

#325006 RE: DlphcOracl #324815

I like this sector as an LT play. But it may take a while, sector is seriously out of favor. Except for FRX my other favorites are PRX, TEVA and WPI.