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Non-Tech : Sunglass Hut RAYS- Will it ever breakout?

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To: Steven Messina,L.M.T. who wrote (645)10/7/1997 12:01:00 PM
From: Steven Angelil   of 971
 
Steve, sure I daytrade on Margin, but I have had such a bad few weeks that I have for the first time been a little gun shy. RAYS is an excellent trading stock due to tiny spread and normal trading action unlike Cymer. I think the reason Cymer trades so funky is the low float. I am in for 1k at 7 15/16 too. Let's see what happens. Are you going to trade this one today or maybe hold for the news and then sell on it? I think I may do the later unless we get at least a half point move on the bid before that. The way I've lost money the last few weeks, I dont want to do a trade unless I can make at least $500.

Steve
Oh, yea, @Home is a cable high speed consumer internet access company that just went public and has trades no lower than $16 and change. It is at $28 today, but yesterday went all the way to 30 5/8. The symbol is ATHM. I just started looking at that thread yesterday.
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