Tabell’s Market Letter – March 30, 1967

Tabell’s Market Letter – March 30, 1967

Tabell's Market Letter - March 30, 1967
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Walston & Co. Inc MUNICIPAL BONDS UNDERWRITERS MUTUAL FUNDS Members New York Stock Exchange and Other Principal Stock and Commodity Exchange. OFFICES COAST TO COAST AND OVERSEAS TABELl'S LIST March 30, 1967 This edition of our R e c1o1. mtom! end e;d.t Lis't.g;i)ves lopg-termJ te'c. hnical upside objectives, plus indicated support levels or shorter In all cases we believe the stock would be attractive for purchase at the levels given in the support column. An asterisk in the Upside Objective column indicates that either the objective is unclear, or that the stock has not yet broken 'out of its,base formation' ;I .' ' ,t I., '.', 1,.. . ) ,….t) Q' f .. J I' , .. QUALITY & LONG TERM — –,,-….,..- Sup—-. . – 3/29/67 Obj. port n I Of GROWTH ''''''', – 'CrOSe3/29/67 J.!L …. .. t Obj. port Alum.Co.Amer. 85 1/4 B 110-130 74-72 Gulf Oil 62 1/4 A 78-92 58-56 Amer. Can 543/8 Bl.1'q66;.72 . 48c46 . Jnt.Paper ..,,, )128 1/8fA- .. ll 28-26 Arne r. T.& T .' 60.1f.2 l. A, 56-54, 943/4 A 1r, .. Colgate Palm. 30 1/8 A- 41-52 28-26 Parke Davis 30 !i,, A-', 88-84 28-26 Columbia Broad. 681/8 A . ,78;,84,68-66 , Pqillips, Pete 58 ..88-120 52-50 Cont'l Ins. 78 – 88-100 74-70 Reynolds Tob.40 1/2 A ,,,74 37-35 Cont'IOil , . 32. /8 A4 ,,,69;-67,, tJ Goodyear Tire 46 A 68-82 44-42 .'!88 .J… 32 '- I …. ' I'.. J rIa 10 .. . 1 Close. 3/29/67 . Q…u!!aLl- Adams-Millis 251/2 B Air Reduction 82 A- PR.. IC 4V E APPRECIATION '. ' .. .upside Sup- , , ..1'. Close Qual- , Upside Obj.)'port ;. -3/29/67 32', 20-17 '.,IlLCentraUldh 9415/8' B 1114',' 93-110 74-70 Kelsey-Hayes 30 3/4 B 42-53 Support 85-80 30-27 Allegheny Lud. ,,65,1/4 A .102 ,.56-54. ,Isoppers .J ,,49-621 Amer.Potash 36. 7/8,,r, B' ,48-60 34-32 r McDermott;J.R. 1'B,j , 102, 13Aenciih&orHHowocekl.l 511/4 A 70 68 – – A- 78 47-42 Mead Johnson 281/4'. B 60 Trust 12 374— – – 28-25 76-72 28-24 .-' Cenco Instrum, .54/4 .. B, 48744 ,. ,\'42.1/41'–.' VTh.. 47 – 52 , 37-35 Cinn. Milling, .,..49 ''I.'';, 'B .59-64, 38-36 ,Olin Mathieson 68 1/4,'B., 80-130 62-.56 Clevite Corp. 483/8 B 46-44 Revlon 627/8 A-I… -52-48 Commonw'thOil 261/2 – 43-47 22-20 Reynolds Met. 533/4 B 94 48-46 Comsat '', 601/4 ;,;. ,.,70-102 60-55. ,Riegel Paper CopperweldSteeI27.7/8 B. '40-52,\26-25 Robt,Controls 34.. DenverR.G. 195/8 B 17 Schlumberger 53 Ba'l 34 I' 58 A 74 17-14 30-28 48-44 Disney, W.alt, , 89.,. ''',.1 B 100 ,. .Sharm 52070, Dresser Ind… 32 5/8 'l,B! 58., ,,,30 \ Shell .661/8 A,.lr 75-120 Eagle Picher 32 B 54 30-28 'Signode)Corp 35 1/4.A- . 50 .. , 38-36 62-60 31-28 Eaton Yale T 28 5/8 B 35-49 26-25 Southern Rwy 54 1/4 B .EI Paso ..t.,G, 18 Ex-Cell-O ,. 58 ,,,,BIt.., 90 .18 .' ,.Sunds!rard . w, ,54-50 ,Tektronix. 45 -, Gen'l Dynamics 587/8 .t.-.' -56-,52'. Union Camp ) r ' ,B, Gillette 50 1/4 A- 80 44-40 United Fruit 34 B 531' .72 ,. 92—, 44-7Q 48-44 40-38 36-34 40-38 30 Gt.North.Paper 383/8 , B, .37.;35 34-32 SPECUL'ATIVE- PRICE APPRECIATION , ., C't. losIfe. t'Qu1 a,,,l-1..dh')Uptns!ide .. S.U,….pj–'\tY ,'t'nt-r 3/29/67 Obj. port fto,tt.1'L Close ,1Q…u;a\l.-, ,Upslkdl e 3/29/67 ity Obj. Amer. Bosch .373/4. ,46,, Camp. Chib. 61/8, .. .. .,,5 'r, c. Chris-Craft 327/8 B- 39-46 30-27 Home Oil fA,,, 18 3/4, ,,', ', ,,, ,1f' Microwave', . ..251'!.f . B., .,'10 1, National Cim 33 B 52 . 27 -25 .. ,Syntexm ,.188'1/4- ,; UMC Ind. 18 1/4 B Assoc3.5.1/BrB -'152' 46 ralll I.v, ,;J, , . , Support 80-70 17-15 33-30 20-18 This Bulletin Is published for )Our convenH'nt'1.' and mfol m,\tion ,J,nll IS not un ofT('r to ,ell or a solicitation to 11U) any secuntws dlscu'i'led The mrormatlOn was obtamed from bourcl.'' we bl.'lil.'vl.' to 1,, H.lllible, Lut WI.' lin not KUlllllnt Its .\C(UI,J,CY W.lhton Cn, Inc .lntl It offif'l.'r'l, Ollcciors or employees may have 8n mterest In or purchn….. 11m) -.ell the S('lUrltH'S n,h'llt..) to hl.'rt'ln WN-916

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