The Aggressive Trader Vol. 2, No. 38

Published in

· 24 Jul 2021

  

				Ken Deen's 
			 THE AGGRESSIVE TRADER(tm) 
	    "Seeking double-digit profits in one to four months" 

			      TRADING IDEAS 
Vol. 2, No. 38                                                   P.O. Box 4791 
March 2, 1993                                          Santa Barbara, CA 93140 
10:45am New York Time                                   CompuServe: 72020,2050 
(805) 565-2039                             Internet: 72020.2050@compuserve.com 

   Market Stance:  Bearish 

   Other Trading Ideas: 
      * Hyde Athletic Ind. Inc. (NASDAQ: HYDE, $19.25) 
        EPS:85, RS:96, GR:41->69, PE:15, Shoes and Rel Apparel  
	Comments: Tremendous market reaction to tremendous earnings report 
	yesterday.  Quarterly earnings-per-share were 59 cents vs. a loss of 
	14 cents, on a 60% gain in revenues.  Earnings growth rate has been 
	accelerating for three quarters, sales growth for five quarters.  In 
	spite of 1 7/8 point rise in stock price, P/E fell 51% from 31 at 
	Friday's close to 15 at yesterday's close.  Trailing 12-month earnings 
	soared 128% from 57 cents to $1.30.  Negatives: Group ranking is 
	falling, overall market risk is high. 
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Previous Alert: Vol.2 #37 (March 1, 1993) 
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 *** ANNOUNCEMENT: TRIAL PERIOD TO CONTINUE THROUGH APRIL 30 *** 
    On May 1, 1993, this newsletter will be available only for a subscription 
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 -Ken Deen 
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   The Aggressive Trader is edited and published at irregular intervals, but 
at least monthly, by Deen Capital Management, Inc.,  P.O. Box 4791, Santa 
Barbara, California 93140, (805) 565-2039. 
   Deen Capital Management, Inc., its principals, employees, affiliates, 
and/or clients may have positions in securities recommended herein and may 
make additional purchases and/or sales in these securities.   
   Recommendations made in this publication involve a high degree of risk and 
may result in losses.  Readers should not assume that recommendations will be 
profitable or will equal past performance.  The information in this 
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all trademarks of Deen Capital Management, Inc. 
   Copyright (c) 1993 Deen Capital Management, Inc.  
			      -END-