VST hit 7 5/8; I suggest you print this post and EAT IT.
To: Susan Slaine (15342 ) From: r q lad Thursday, Jul 16 1998 1:37PM ET Reply # of 15581
Susan - Saw your post on PAP early this AM, and knowing these indo stocks well, knew you were right. I was to lazy/tired to enter PAP at the open (just got back from a family trip & recovering), and missed an easy 1/2 pt. I took a position in VST today for a possible DCB. This is a good company, and even if they don't bounce, they will come back. They are looking to spin off their profitable services business, which when announced will pop this stock.
Regards, Randy
To: r q lad (15343 ) From: Johnathan C. Doe Thursday, Jul 16 1998 4:22PM ET Reply # of 15581
VST generally doesn't bounce; you are looking at the institutions ditching VST and it will likely return to the 8's and fall off from there into the 6's. I wouldn't be looking for a DCB anytime soon on this one. Should continue to sell down hard I figure. Love it at 8 or under.
To: Susan Slaine (15361 ) From: r q lad Friday, Jul 17 1998 1:29PM ET Reply # of 15582
VST update - bounce was very small (12 1/2), today it is consolidating in the 11's where it will probably stay. VST will see 15 (on announcement they have sold service side of the business) before they would ever see 6-8.. Anyhow, wanted to follow up, since I brought it up. Action is over and it may be a long wait for something to happen. Great timing on your INDO stocks Sue, congratulations.
Randy
I don't specialize in tech stocks just to end up not knowing anything! |