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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (19585)6/1/1998 6:34:00 PM
From: robert b furman  Read Replies (1) of 94695
 
Bobby Yesterday I bought ADEX @ 15 3/16 Equity/share =12.28 past high is 45.5,2.09 /share cash,9months earnings =.87/basic , .83 dilut
Adex was as low as 14 5/8 - might have bought it at 14 7/8 if perfect
1.24 times book value (Nice triple bottom - support I hope )

Today I bought ASYT At 15 1/2 Filled A GTC order on the books for over 2 months .Felt Really good to buy bargain - ( I think - Been watching it since 25 )
Equity / share = 12.27 1.26 times book value

Was Able to watch it decline all day hit 1/8 below @ 15 3/8 and then close up 1/8 at 15 5/8. Ahh But to be king for a day .

These little rushes that this legalized form of gambling allows us- are surely powerful.Hope this doesn't come with a wash of cold negative equity (least wise nothing very long !)

Guess I'll have to give it a wash of cold beer tonight

BWDIK

Bob
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