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Technology Stocks : CATP-The stock is taking off

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To: Ram Seetharaman who wrote (727)2/14/2000 10:54:00 PM
From: P314159d  Read Replies (1) of 782
 
I have a good position here Ram.

Just bought some options last week on the 16.5 retest, I just wanted to see the move back to low 20s and scrape some change. i was right on the sell click button for half of the options when CATP hit 19.5, but I said what the heck let's see 23-24. Thenlate today the Rumor hit.

From what I heard many skeptics about this marriage, but neither company affirming or denying. I bet north of 30 if it does happen.

just read your other message, I think I will wait on the options, I have a hunch that our Indian friends may have slipped the tongue a might early. (no offense to that segment of the world, but i wonder if they understand the WS games during takeovers.)

On price I think the company is obligated to bail out at least the previous highs over 30 (32?), maybe closer to 40 as you alluded. Will see, my 12, 18.5, 17s look ok deal or not. The options are nice add-on.

go2net.newsalert.com

It was these various executive appointments that made the street skeptical
of the buyout. But I say keep the execs and company as separate entity and pay the shareholders. Eh?
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