leimkuhl@uiuccsb.UUCP (07/06/83)
#N:uiuccsb:15300003:000:618
uiuccsb!leimkuhl Jul 5 14:03:00 1983
Did anyone else catch Wall $treet Week July 2? Rukeyser had some
of the better panelists on discussing stock picks for the remainder of this
year. Some of the more interesting ones:
Tandem Computers
Prime
Chrysler
International Harvester
Tandem looks cheap right now--does anyone know why?
Altos is dirt cheap right now. I always thought they made pretty
decent high end micros and I can't figure out why they're selling at their
52 week low in this strong bull market. Any ideas?
Ben Leimkuhler
uiuccsb!leimkuhlandy@mit-vax.UUCP (Andy Beals) (07/14/83)
Tandem Computers puts out an `interesting' product. If you get your software supplied by tandem or a 3rd party vendor, then you will feel nice and secure about their product - for a (short) time, I was working at a site that had one of these beasties...one day the CE comes in, opens up the cabinet and yanks out one of the cpu boards. All of the backup processes took over...a REALLY cute trick. However, if you're going to do the software yourself, just bag it. The programming enviroment sucks dead tiddlywinks. (now, back to stuff of interest) I've heard that Tandem has been seeling poorly recently, and that may be why their stock is soo low.
patc@tekecs.UUCP (07/19/83)
A comment on rukeysers Wall Street Week ,show. ... according to a newsletter I get from Norman Fosback, "after two years analysis of hundreds of stocks, all securities suggested by rukeyser rise two week prior to public announcement and then the following eight weeks its all down relative to the general market" here are the numbers from the analysis... date performance 3rd week before show -.3% 2nd week " -.5% week of show ( first 4 days) +1.0% day of show .5% day after +1.1% remaining 4 days after -.2% 2nd week after +.3% 3rd - 9th week -1.3% accordingly the only way to beat rukeyser if you know who is going to be on the show and what there favorite stock is then buy it a week before the show and then sell it the day after the show. overall remember, it is impossible to profit from the shows average recommendation. Fosback did a while back make some of this information available to the press and totally outraged rukeyser but that has settled of course rukeyser cant argue with history, but then who cares 10 million folks watch rukeyser and many of them react, as always its the insiders who make the bucks and in the end its the public who pays. ------------------------------------------------------------------- now to the meat of problem, I have been very active in options and new issues and doing very well however I must admit this current market is "frothy" and losers are surely on the high. Smart money is out of the market this month, august should be another rally and hopefully then the new issue market will pick up then. ------------------------------------------------------------------- being a fundemental/technical investor and loving numbers especially odd lot indexes and such I think we should institute a new metric called "net.invest response interest count" NIRIC I am simply amazed after seeing little or no traffic for a longtime in "net.invest" that now that the the bull has subsided that the sheep are coming out, which is always the case then we know the rally is over for a while. I suggest someone publish the NIRIC on monthly basis so that the aggresive speculators can have a new bellweather. sincerly, pat conley tektronix!tekecs!patc If anyone out there would like to share some new issue information or option strategies please send me some mail, Im always willing to share information. "this b.s. in no way is any reflection of the opinion of tektronix and was contrived totally by the fingertips of the author"