Buying Opportunity

[upsadvisor]

After several downgrades the stock has come under some selling pressure.

This may push the stock back into the mid to high fifties.

If the stock falls below 55 I would start to buy as the long term prospects for the 2nd half of 2003 look good and the 4th qtr will probably get a bump from the port closing and could be a catalyst for the stock to move back into the 60+
price area for a run at 70 later in 2003.

Stay sharp this stock does not stay down long.

John

 

[robonono]

UPS's honest appraisal of our 4th Q prospects have further drawn down our stock price. Unfortunately, if the ANALysts don't lower their expectations to meet our estimate, we will see the same major hit in 3 months.

 

[tieguy]

Stock has finally established its foundation in the market. I firmly believe it would take several poor quarters for this stock to drop below 55.