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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Kanetsu who wrote (9987)	7/22/1999 3:34:00 PM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Kanetsu, I missed that news yesterday with BellSouth. . . very nice, too bad today's earnings spoiled it. I think this was a great play for those that bought before yesterday and sold at a near double today. Yes, it has the potential for big contracts at some point in the future, but the news is all out now. . . so it looks like from above about 3 1/2 it is a sell on news. . . . then I would wait for the bottom to return in the 1's. . .and re-load and wait for next big news. . . hard to miss playing like that, because eventually you are playing with free shares. But buying here after all that activity and the big run, would be dangerous. . . more downside risk than upside potential from here. . . I'd be waiting a week or so to get it at 1 5/8 to 1 7/8 for any long-term holding. Financials aren't so hot, but that isn't unusual for such a sector. They are in great company with BellSouth and MOT, IMO. . . .I don't have any at this time. Rande Is