J.D. Edwards debut! (JDEC) Message Board

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Technology Stocks : J.D. Edwards debut! (JDEC)

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To: bob zagorin who wrote (256)	1/14/1999 4:53:00 PM
From: Trader Dave	Read Replies (1) of 583

Give it time, options premiums don't calm down until the stock has started trading in a set range for forty days. however, given the negative psychology on erp, and the way the stock is acting, i'd wait until after the pre-release warning period at the end of the month (probably february 7th or so) and then consider buying. given the discussions and sentiment i would strongly bet against 1999 or 2000 earnings going higher near term. I'd rather buy the stock at $28 on it's way back up to $40 plus than at $21.50 on it's way to $15. that said in this frothy market, when companies blow up, the stock seems to go higher. (See JDAS and HYSL) caveat: I am short a small amount of JDEC (and SAP) TD

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