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Technology Stocks : ZENITH ELECTRONICS

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To: henry andrews who wrote (338)	5/10/1996 4:46:00 PM
From: Sabrejet	of 578

Henry, Hope all is well with you and the ZE gang! I wanted to inform you that I tried a bit of your "strategic investing" and actually made money on it today! I don't want to get into the issue although most people wouldn't know of it anyways. I bought a 1000 shares of it yesterday at 27 3/8. Put in an order to sell at 28 1/2, Immediately followed by a short, only to cover at 26. The stock went over 28 but reversed to 26 1/2. We had to chase it up to cover late in the day but still made money. I would never recc. this strategy but what a wild ride it was! I know this is not exactly what you did but I was pretty impressed with the guts part of it. If Chris reads this he's probably going to give me slack again but sometimes you have to go with the hunch! How did ZE finish? Look at IMPX and tell me if the same game isn't being played by the market along with IOMG! I don't know where ZE finished but without knowing, probably a tad down?? Rich P.S.just checked it...a tad down....

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