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Strategies & Market Trends : The picks

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To: Patrick Slevin who wrote (4535)2/10/1997 7:28:00 PM
From: Jeffrey S. Mitchell   of 6124
 
Re: ADPT - You guys like to see me sweat, don't you. OK. I'm a mess-- are you happy now?

I bought ADPT against the value of UTEK (and added 10K). Since UTEK took a dive (back down to my purchase price), I begged until Tuesday to sell. If it hits 26, I'll pocket the $1K and run.

If UTEK goes down, I'll be praying like heck for ADPT to take up the slack.

If ADPT goes down, I have 6 weeks before payday (I paid them in advance through then) to earn the difference.

If ALYD drops (my IRA money), I'll be moving to Chandler, AZ and assuming a new identity.

- Jeff
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