SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Stock Swap

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Andrew Vance who wrote (520)2/24/1997 11:46:00 AM
From: Steven Messina,L.M.T.   of 17305
 
Re: BYDS

Just placed a limit order at 6 3/4. For those in at higher entry levels...DO NOT SWEAT THIS ONE!! BYDS will rebound with a quickness. Apparently many a stop/loss order are being triggered as I type this. If you have yet to aquire this security, have conducted your own research as to why the stock has taken such an unwarranted "Hit".....and feel you'd like to hop aboard........a good entry point is between $6 - 7/sh. This is a case of EXTREME OVER-REACTION to BYDS's statements that Construction to add capacity caused "manufacturing inefficiencies" which hurt the company's bottom line. It's all in the name of proftability people. Sometimes a company tries to expand a bit more ahead of schedule. I dont have the time to explain the details at the moment. Things are moving rather quick this morning. Go to yahoo for further info.

Also......anyone following the Office Depot (ODP) / Staples (SPLS) merger? ODP's been trading slightly under $20 for weeks pending FTC approval for Staples to buy ODP. Apparently some sort of news leaked out this am and ODP stock dropped $1.125.....HIGHLY unusual. Perhaps some negative "non merger" news came out. I have yet to receive anything factual. If anyone knows....PLEASE post it here. I have a buddy of mine invested $70K deep in ODP.

Regards,

Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext