Ken Deen's THE AGGRESSIVE TRADER(tm) "Seeking double-digit profits in one to four months" ALERT Vol. 2, No. 39 P.O. Box 4791 March 3, 1993 Santa Barbara, CA 93140 9:40am New York Time CompuServe: 72020,2050 (805) 565-2039 Internet: 72020.2050@compuserve.com Market Stance: Neutral *** ALERT ITEMS: *** Market Commentary: See below Marginable Account (editor's personal account): * SELL 200 Media Logic, Inc. (AMEX: TST). Today I sold all 200 shares at 37 7/8. I had bought these shares Oct. 16 at 27 1/2 (Vol.1 #93). After this trade, the account value is $38,210. Of that, $16,165 is long stocks and $22,045 is cash. IRA Account (editor's personal account): * SELL 100 Media Logic, Inc. (AMEX: TST). Today I sold all 100 shares at 37 7/8. I had bought these shares Oct. 16 at 27 1/2 (Vol.1 #93). After this trade, the account value is $41,374. Of that, $17,665 is long stocks and $23,709 is cash. Market Commentary I am changing my market stance to neutral. My market timing program, which gives buy and sell signals on the NASDAQ Composite based on technical factors, remains bearish. However, the recent drop in long-term interest rates is bullish for stocks. I still see this as a high risk market for growth stocks short-term, but I am not confident that the market is headed down. I prefer cash at this time, although I may enter into new long or short positions if I find a particularly compelling situation. However, I may not come across any compelling situations until April, which is when second quarter earnings start coming in. I expect my market timing program to give a buy signal within one to three months. When it does, I will turn bullish again. Media Logic, Inc. I have held this stock almost five months, and I have realized a nice 38% gain (before commissions) on it. I am still bullish on Media Logic, but I am also continuing to raise cash, and we may be near a short-term peak. ---------------------------------------------------------------------------- Previous Alert: Vol.2 #37 (March 1, 1993) ---------------------------------------------------------------------------- *** To all who download this newsletter *** *** ANNOUNCEMENT: TRIAL PERIOD TO CONTINUE THROUGH APRIL 30 *** On May 1, 1993, this newsletter will be available only for a subscription fee. There will be no further uploads on or after that date. From now through April 30, 1993, I am offering at-cost subscriptions (very very inexpensive) by e-mail, fax, and postal mail. These are alternatives to downloading. E-mail via Internet is free during this trial period. Monthly Status Reports (available in printed form only) are an essential adjunct to these timely bulletins. Among other things, they review the stock holdings and historical performance of each newsletter account. To receive a free sample Monthly Status Report plus an at-cost subscription form, just send your paper mail address. -Ken Deen ---------------------------------------------------------------------------- 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 publication is collected from sources believed to be reliable, but neither the accuracy nor the completeness of this information is guaranteed. The Aggressive Trader, Deen Earnings Surprise Index, DESI, and DESI-3 are all trademarks of Deen Capital Management, Inc. Copyright (c) 1993 Deen Capital Management, Inc. -END-