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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Don Pueblo who wrote (3075)12/14/1998 9:01:00 PM
From: kgreen  Read Replies (2) of 90042
 
I agree. Market's gonna be a mess this week between impeachment vote and options expiration. Lots of end of year selling about to start as well.

On the other hand, I wanted to share some info on USWB. It's a company that specializes in web site development and management. The brokerage company, RW Baird, is apparently very bullish on it and put out an alert to its brokers to start pushing it. A buy recommendation is about to follow... along with some sort of news. A whisper in my ear encouraged me to buy today with a short term (end of week) target of 25-27. I protested this concept, given the volatile market, and was still urged to take a position (or buy the dec 25 calls).

This information comes from a pretty good source, but, as always, do your homework and play at your own risk.

By the way, I also think TDFX hit screaming buy level when it closed under 13. Think it's gonna be a cheap, easy rebound along with SPLN and AVID.

Kath
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