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Strategies & Market Trends : Trader J's Inner Circle
NVDA 178.50-0.9%9:31 AM EST

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To: Trader J who wrote (3668)1/9/1999 2:09:00 PM
From: Wes Stevens  Read Replies (1) of 56535
 
Jim,

We trust you and understand the game (I think!). In the end we all make our own trades. A rumor is a rumor. When one company starts down the road to taking another over it is usually a complicated process. There are many thing that can trip it up. That is were the risk is. The rewards if it goes through are usually pretty high. I agree with you on the downside here - that is what makes this appealing. I have an average share cost at under $3.50. I think that it is worth the risk ($2 - $3) for the shot a the reward (>$10).

We all have to remember that we are responsible for our own trades!
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