ELECTROGLAS -- How far can it go? Message Board

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Technology Stocks : ELECTROGLAS -- How far can it go?

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To: Matt Quigley who wrote (703)	1/13/2000 8:39:00 PM
From: Jerome	Read Replies (2) of 1070

M.Q. EGLS at the current price offers some very decent option possibilities. Because the stock is recovering from a pull back the time premium going forward is minimal. At todays close I would purchase the Feb. 22 1/2's which can be had for 3 3/4. A good earnings report could result in a rally to a new high. For some reason EGLS has yet to rally in this strong market segment.Given the price of the options they may represent a better buy than the stock.( six contracts would equal the price of 100 shares). Keep in mind what you paid for this advice. Regards, Jerome

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