Copytele - Another XEROX in future Message Board

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Technology Stocks : Copytele - Another XEROX in future

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To: Andrew Vance who wrote (1277)	5/8/1998 12:49:00 AM
From: Eric Klein	Read Replies (1) of 1320

Andrew, Thanks for your thoughtful piece on COPY. I agree that COPY has no useful technology, but they have been successful as a pump-&-dump for a long time. You may be right about the stock going to $5, but in March it made a similar run-up which fizzled very quickly. If you had a number of boiler room calls today, it may mean that it's already entering the dump phase. 15-18 cents a share would be around $10 Million in profits or at least $50-100 Million in sales. Now that's ludicrous! Anyway, if you think that it's going to 5, don't buy the stock, buy some of the COPY June 5 Calls. If it hits 6, you'll make five times (at least) your money. The leverage on these calls would be tremendous, the ask is only 1/4.

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