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Technology Stocks : QDEK- What are the chances that it will be taken over?

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To: chester lee who wrote (103)9/27/1996 4:35:00 PM
From: Peter Shaw   of 204
 
I think the Fool's should try to avoid short term trades on the short side of the market. It's a stupid risk/reward trade going into the weekend. 2 1/2 points to the downside with a possible GAP up 8 points if a buyout is announced at the 15 dollar range that's been batted around. I'm going to use the induced selloff to acquire a longer term arbitrage position. With activity low on the buyside, the lemmings who trade only on Fool announcements will drive this down even more over the next few days, and lose all of their profit when the covering begins. They need to learn a little more about the art of the short!

Cheers,

Peter Shaw
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