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Technology Stocks : Stock Swap

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To: Patrick Slevin who wrote (13212)	4/7/1998 12:58:00 PM
From: Andrew Vance	Read Replies (4) of 17305

AV--I am not jumping in with both feet or even taking a toe step into the cold water. Yesterday I day traded a few stocks for quickie profits and today I am taking advantage a serious oppportunity for long term CFMT. It was as if I had a bird on my shoulder this morning. Pre release of financials by MTZ (missing numbers again) has created downward movement. I took a 1K position in ths stock after the major fall and took a 25.75 position with 2K shares this morning. This gives me a great average buy in price that I can live with. MOT is the only other thing on radar today that I might jump into should it approach the ~$52 level. For the most part, I am holding my margin and cash for a few days like you are suggesting. I am just hoping that it is only a few days, not a few weeks. ZD will go public week of April 27th with close to 25 million shares on the NYSE. Look for this to take a $3 pop out of the chute. Pricing is estimated to be in the $14-$17 range. I am holding cash for this just in case I can get into it. Andrew

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