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Technology Stocks : Stock Swap

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To: Jim Fisher who wrote (14838)	7/16/1998 3:38:00 AM
From: Patrick Slevin	Read Replies (1) of 17305

OIL Did not get much off the message board; got a better impression from the news quote.yahoo.com It appears (to me, at least) that where you got in today is a reasonable price. If they are trying to sell assets then it would seem the company will pop on any news. Whether the assets are in the 25 dollar range or higher. After all, if they only sell part of the assets and get $25 the remaining stock should be valued more than $4, and if you got in at today's closing price then you should do alright. The presence of so many short-sellers is troubling; probably few of them believe anything will sell. Evidently that is what McMillan is hearing. After I went through all this I was happy I switched over to trading futures; good luck with your position.

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