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Technology Stocks : Logic Devices
LOGC 7.900+0.6%Jan 9 3:59 PM EST

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To: scott ko who wrote (82)4/22/1996 3:19:00 PM
From: BULL   of 141
 
Scott/Winner,

I am amazed at the action in IOMG. I have not bought any shares, and don't plan on chasing it. As far as LOGC, I am going to wait and see, it may be that with the option expiration last Friday there was some covering, and then the move today may be a short squeeze. Do you know what the short position on this stock? If that is the case, I am more tempted to sell around 5.75 than to buy more. Of course, it could be that some news will be coming out in the next few days and someone is getting in ahead of the news. I saw there were two "relatively large" blocks at 10,000 and 15,000 shares. I guess time will tell.

I don't know what Winner thinks now? he talked about picking up some shares when it starts moving up. Of course he also told us all to sell around $4.0 because it was going way down.

Good luck
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