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Pastimes : Ask Mohan about the Market

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To: Zeev Hed who wrote (7626)11/11/1997 8:53:00 PM
From: Haim R. Branisteanu  Read Replies (2) of 18056
 
S3 (SIII) issued convertibles last year, I told all to exit the stock, at that time I was so flamed that no matter what, I was wrong.

Well S3 went to slightly above $20 and now 12 months later is at $7.

I get now similar flaming on the CA tread, well based on past experience CA will be going downhill, their management is misleading analyst as to market share etc., and same person, a major option beneficiary (several million shares) is beating the drum that CA is worth $100

Happy trading
Haim
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