January Effect Investing 1999 Message Board

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Strategies & Market Trends : January Effect Investing 1999

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To: Q. who wrote (9)	12/31/1998 7:06:00 AM
From: Dale Baker	Read Replies (1) of 38

Glad you saw it the same way. I bought some at 1 9/16 and more at 15/16, giving me an average of 1.25. If I get 1.50 it's a nice profit, and full cash value is almost a double. In the meantime the downside seems to be nonexistent. So I just sit and wait to see if the market or potential new owners want to give me their money first. If they go private, I assume that the new owners must offer all shareholders a fixed price. I saw yesterday that INLQ was going private except for 1.25 million shares. The stock price moved up to just below the cash offer price.

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