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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Mark L. who wrote (1639)	6/29/1999 10:41:00 AM
From: Dale Baker	Respond to of 10293

AND is a cockroach. It could survive a nuclear exchange without a scratch. Don't ever buy puts on it. Chart looks like a firm bottom here but it's your money. Good luck.

To: Mark L. who wrote (1639)	6/29/1999 12:00:00 PM
From: Marconi	Respond to of 10293

Hello Mark L.: AND I boxed my position. I will go net short again if AND takes a significant excursion up as it has done a number of times in the past in spite of continued poor outlooks forward. Going long AND at this point would be too speculative for me. With boxing I will have to recognize my position year end for tax purposes. But I preserve my age on my shares short and can leg out if AND makes one of its strange runs up. Meanwhile I have the margin from the boxed AND position to use for other positions. I was not paying attention. I did not realize AND had done a floorless convertible. I must look into that. Thank you for the heads up. If it has a floorless, it is less likely to take an excursion up in price as it has before such a convertible. I was hoping for a 10-15 some time this year yet. If AND has a convertible, I will have to reassess the 10-15, probably to something less, if anything. Best regards, m By AND, I refer to Andrea Electronics.