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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Matthew Tyson who wrote (450)8/13/1997 5:47:00 PM
From: VALUESPEC   of 7396
 
Paul, what brokerage do you deal with? JB Oxford !

Anyway, I took a beating on QGLY, giving up much of the gains of the last week. I know. I know. I should have had a stop. I have for months used mental stops but today . . .

I bought some AUGI on nice strength and high volume. Rumor has it that Citrix is going to make a deal with them and that it will be announced any day. It looks like very soon, according to today's action. I bought in @ $ 7.19 . It has not been over $ 7 in a while.

ONSS looks good and MECN has had good had a lot of buying since earnings came out a few weeks ago. It appears that the bleeding has stopped for MECN and that earnings could be ready to grow soon. The balance sheet looks good and they have $ 2.25 in cash (now about selling just under $ 6).

Anyway, just some ideas. ECGOF still looks strong (waiting for refinancing news), and so does BNGO (nice buys at end of day).

. . . according to VALUESPEC
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