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Strategies & Market Trends : Steve's Channelling Thread

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To: Larry Brubaker who wrote (7735)11/13/2000 10:59:21 AM
From: Zeev Hed  Read Replies (2) of 30051
 
I just noticed the reopening, SCON went down to $6, but i was too scared to jump back in. I'll wait and see if $6 holds. Those financial engineers will have their hands full bringing this puppy back within 8 months above $18, and the floor on the new $37.5 converts is at $10.5, you almost ave to "know" that they surely are going to get it above that level (g).

What is your current stand on the holy one? I am not sure what to do with it, so I am doing nothing right now.

Zeev
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