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Biotech / Medical : Novacare (NOV) breaking out...
NOV 15.67+0.8%3:59 PM EST

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To: Todd D. Wiener who wrote (300)6/18/1998 5:33:00 PM
From: Kelvin Taylor  Read Replies (1) of 420
 
Todd-

When I clicked on the address this was the response:

You have entered an incorrect URL. Please check your
URL and try again. For support, contact support@quote.com.

Right now I have some extra money to invest. I have considered a couple of options and wanted to get your opinion.

I sold THQI this week for a nice profit. I have 0 shares now.

SMTC: I have just purchased shares SMTC @ 16 3/4. Great value at this level. I think SMTC is likely to stay in a narrow trading range until the sector improves and we get closer to the next earnings report. So I believe there is time (3-4 weeks) to buy the stock for 17 1/2 or less. Since I have a position now, no need to add more shares for a while.

THQI: Buy back @ current levels (27-28) and continue to acquire more on weakness,

OR

NOV: Since I don't own any NOV or NCES, buy these stocks now and wait for THQI to correct back to $25 before buying.

OR

Split the money up and buy a small position in THQI, NOV and NCES.

I know you stated over on the NCES thread you were waiting for NCES to drop back to $8.

Any suggestions?

Kelvin

P.S. With options expiring tomorrow, how will that effect THQI?
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