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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.001300.0%Nov 7 11:47 AM EST

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To: Wigglesworth who wrote (3585)8/12/1997 8:51:00 PM
From: Dwight E. Karlsen   of 22053
 
WW, don't get me wrong: I'm not predicting a 2 cent + surprise for COMS in their next report. I have never tried to guess what a company will report. I guess what I was saying is that a 2 cent + surprise is one thing that, if it happened, could provide a lift to $65. Then again, the selling may just dry up in COMS, and the stock may go up on no real news. So I don't have strong feelings about COMS right now. Personally, I went into 100% cash before noon last Friday, and I'm not budging for now. When I do feel very strongly about something, I post something like this,

techstocks.com

which I posted in early July. The next day I did buy those INTC calls, and the rest is history. INTC split, and my 150's split into INTC 75's. I paid $5.25 (after adjusting for stock split), and sold for $13.75. In hindsight, I sold way too soon, but my target had been reached, the market seemed soft, so I took my profits. INTC Aug 75 calls were worth $25 for a couple days there last week, $27 intraday.

DK
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