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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (11072)1/21/1999 12:11:00 PM
From: Gator  Read Replies (1) of 25711
 
Spread closing on CMMI - $5 1/2 x $6 1/4. About to burst a seam. MM's are almost out of inventory (probably 1,000 more of buying will clean out the last of them).

Tight float, 337,000 shares.

Lamar Laster is CEO, formerly Chairman/CEO of Staar Surgical, which he took to $80. Outstanding management team, Steven Dell, MD (Michael Dell's brother) is one of the directors. Highly respected professionals. Outstanding business plan (see CMMI thread for summary). Major financing should be coming in shortly.

Note: I am anticipating the receipt of 2000 shares of stock from an outside consultant for helping to dissimenate information. I also bought 1000 shares in the open market.

Check it out, when the inventory dries up, it could run fast.

Gator
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