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Technology Stocks : ZENITH ELECTRONICS

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To: Andrew R. Sicotte who wrote (100)5/6/1996 5:15:00 PM
From: Chris Alexander   of 578
 
Andrew Sicotte, I am glad I got you psyched because this stock was up 7+ today. Somebody critisized me that I was overhyping this stock. I wonder if they bought or not. My statement is; the stock is only over hyped if it doesn't perform as billed. So far, I have been validated about my beliefs on this one by the market. I hope this continues. The stock closed again at it high for the day and with huge #1 on the NYSE top ten volume list again. What a day! Did anyone see that the stock was suspended from trade on the open because of overwhelming demand. This thing is like an IPO all of a sudden. I watched carefully and was able to get in for 200 at 11:20 a.m. at 18 3/8. I kept waiting for it to drop on a sell-off by day-traders and it never happened. I ended up buying in at 23 1/4 for 200 more and was really pissed that I had missed earlier opportunities. It just shot up from 2:45 p.m. until the close. Chris Alexander. I believe tommorrow could be even bigger than today. Talk about momentum! As always, I realize I could get burned but it is an educated risk. What do you all think?
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