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Microcap & Penny Stocks : OPTI
OPTI 0.00150+400.0%Nov 7 2:27 PM EST

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To: Chris Hall who wrote (92)1/11/1997 9:10:00 PM
From: AJ Berger   of 482
 
Take profits before Earnings Release!

I've taken a position at $5, and will probably sell before the 01/31 earnings release. My reasoning is that while they may offset the Earnings Release with positive news about future products, they still will have to write off $18mil that recent purchase, and earnings from new chipset products won't show up till this Winter Quarter. The street will probably let this stock fall back to $5 pretty quickly.

Either way, I'm out around $8; the book value we've discussed.
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