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Non-Tech : Bernie Schaeffer's - Option program

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To: Carl Zbad who wrote (89)6/4/1997 12:20:00 PM
From: Alice M Bryant   of 203
 
Carl,

I remember a few years back trading a stock -Purepac- for two years. It had a habit of moving up and down
two points again and again. There were take-over rumors on it. Then
it dried up. How I missed that stock. Now it is FAUL and just merged with the parent company.
I always am on the look-out for a new trader. I was trading MTSI options for quite
a while. It has little volume and very few know about it. They have
good earnings and so they are safer than many. I grab this one (the options) any time
it drops to 23 or lower and it goes back to 25.

Netpicks really picked the wrong stock to go long on. Down 15 points.
That makes me lose faith. I sure can do better than that on my own. I am glad I did not
buy that one. I have not bought any of the picks yet. Now I am afraid to.

Alice
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