Thursday, May 04, 2006

Good news and higher stock prices

Expeditors Int'l and Priceline are among today's gainers on earnings. PCLN, I mentioned a while back. The gain today seems more than enough given the modest news backdrop.

WFMI Whole Foods and OATS Wild Oats Markets are also up on news, and in my opinion, it is similar, the gains seem to be more than enough based on the news. So even though some of these stocks look good, I am not a buyer at the higher prices.

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