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To: The Ox who wrote (8979)6/16/1999 8:06:00 AM
From: SJS  Respond to of 14427
 
I've still got my stock Mike, but technically, it's got some indicator "way up there". RSI and MACD are quite high, OBV, too.

It's been trading strong, yes sir. LT there is NO question I want to be in it. I did a great trade with TXCC last week/this week, and I wanted a duplicate with VTSS. However, VTSS seems to continue to run.

I'll follow it closely.

Thanks for the help here.

UNPH: going to be volatile as they vote the JDS merger this month. I think people expect this to have some air taken out (read: may think it's fairly priced....here, but some air's already out....) but I have a pretty good basis, so I am not worried. I also wrote June 155 calls.

I expect after the merger is confirmed, the stock will move up, and a split will happen/announced. I am not playing the split, but I expect this stock to start to "participate" in the semi moves (it hasn't so far...) but you could probably buy at at the 50 DMA, which is has CONSISTENTLY held in the past drops.

Everything is contigent on the sentiment over the next 15 days, including the FOMC, so just be cautious.

Steve



To: The Ox who wrote (8979)6/16/1999 1:17:00 PM
From: SJS  Read Replies (1) | Respond to of 14427
 
MIke,

some additional food for thought on UNPH (new coverage):
_____________
Uniphase Corp. (UNPH) 143 5/8 +6 1/8: Thomas Weisel Partners initiates coverage on maker of laser-based instrumentation for semiconductor wafer inspection with a "strong buy" rating.....