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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: Dwane Houghtaling who wrote (2712)12/3/1997 8:39:00 PM
From: Bruce A. Brotnov  Read Replies (1) of 6445
 
Dwane,
I don't have the BNGO chart in front of me but my "memory chart" of the recent activities seem to have had a hard time staying below 5 3/4 and 5 7/8. Do to the arb games between the common and warrant it probably does not follow normal stock patterns. I am keeping a close watch as I plan to swap the warrants for the common before the warrants expire. It is a bit of a risk play and should only be considered if one things it will recover to 8 or better - if not then I don't recommend it. I didn't buy too many warrants, but have a few that I can convert, but will be watching it anyway.

Bruce
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