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Strategies & Market Trends : Three Amigos Stock Thread

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To: Cary C who wrote (6811)7/14/1998 9:03:00 AM
From: James Wright  Read Replies (1) of 29382
 
Cary --

Yes, I was on AIRM's conf. call for the last earnings release. I asked the question whether we could expect the increase in earnings to carry forward into future quarters. The long winded answer essentially was yes.

Nonetheless, I started selling out of AIRM yesterday and used the proceeds to buy back into LEAP at 6 just before the final spike to 7 in the last 15 minutes before the closing bell. It's a high risk play, but after the excellent CEO interview this morning on CNBC, I think LEAP will go up even higher.

-- Jim
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