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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (21131)9/2/1999 3:01:00 PM
From: AlienTech  Read Replies (1) of 43080
 
Yea I got some PTEK @ 15/16.. Jumped out this morning real fast.. Well saved 200 bucks :> I do like PTEK due to it trading much cheaper than its assets.. Like CNBC was saying IDTC/NTOP arbitrage play. You can do the same with PTEK/HLTH.. I think 5 PTEK=HLTH.. PTEK is also rapidy depreciating their write off's in 2 years instead of the usual 5 which is why are showing red even though they are cash flow positive and their phone card business is not growing.. Maybe they will get into NET 2 PHONE? rofl.. Basically you are getting free Hotmail and some of the other stuff.

for pain I got some more init @ 5/16.. heh.. I really need to cut this thing OFF! It keesp pressing the buy button.
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