Simulation Sciences (SMCI) Message Board

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Technology Stocks : Simulation Sciences (SMCI)

SMCI 47.51

-6.4%

Nov 4 3:59 PM EST

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To: Pat Buglak who wrote (10)	5/2/1997 11:18:00 AM
From: Paul Thomas	of 183

No recent news here at SimSci. It looks like someone wanted to buy 1000 shares in the last minute of trading and there were no sellers. Hopefully, this means that SimSci broke through a resistance barrier to a higher price, and not that the sellers had just gone home for the day. I bought COMS a few months ago because I thought it was undervalued and paid high premiums on covered calls. As the stock price dropped, the high premiums have disappeared. As soon as the price stabilizes, I'll sell some covered calls, either at 35 or 37-1/2. It's gained another $2 today.:)

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