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Technology Stocks : 3DO: Hot Games for Hot Machines (THDO)

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To: David Patrick O'Connor who wrote (3942)7/9/2001 1:52:21 PM
From: (Bob) Zumbrunnen  Read Replies (1) of 4081
 
Terribly tough to get a good read on it right now because the 10K throws a lot of uncertainty into the mix.

But, my view is that we're putting in the bottom right now (currently 3.89) and come back up to trade sideways in the 4.40 to 5.20 range for a while, starting by the end of the week. I expect 4.50 in the next 3 sessions, and have been buying trading shares here. Up to about a 150% position now.

I'm not optimistic about the calls I bought last week, but they'll be a small loss that'll be overcome by trading profits in the stock.
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