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


To: Rande Is who wrote (12858)9/29/1999 9:16:00 AM
From: Rande Is  Respond to of 57584
 
. . . Buybacks and Splits. . .

BUYBACKS of some stocks we follow:

BBY [Best Buy] $200 mil
WHX [WHX Corp] 1.5 mln [10%]
VO [Seagram] 2%
LUV [Southwest Airlines] $250 mil
LMG.A LMG.B [Liberty Media] 135 mil shares
FDX [Federal Express] 15 mil shares [5%]

And a bonus: GLR [G&L Realty] is buying 1 mil or a whopping 26% of outstanding.

SPLITS

HLIT [Harmonic] 2/1 on 10/14
TYC [Tyco] 2/1 10/21
CNXT [Conexant] 2/1 10/29
SEBL [Siebel] 2/1 11/12
JDSU [JDS Uniphase] 2/1 ?
INTU [Intuit] 3/1 -9/30
VOD [Vodaphone] 5/1 10/01

NOTE: Harmonic, Conexant, JDS Uniphase are BROADBAND leaders.
SEBL and INTU are software makers. And a 5 for 1 split on Vodaphone is very unusual.

Remember that the broadbands MUST split, in order to have enough shares to sell large blocks to the fund managers. . .we knew this was coming. . .I didn't expect it to be so fast and dramatic. If you are holding a bunch of internets. . .waiting for the big moves you saw last year. . .you have been sold a bill of goods. And it didn't come from this thread.

I don't think we will see near the sort of 500 to 800 percent gains we saw last year in internets. However, I DO believe that such gains are already in progress in the broadband arena. Do not underestimate this group. . . it is much like Yahoo and AOL 2-3 years ago. Patience will reward. . .

Rande Is



To: Rande Is who wrote (12858)9/29/1999 9:16:00 AM
From: Bucky Katt  Read Replies (2) | Respond to of 57584
 
Not for me. Like I posted, last week was the time to buy, yesterday was the time to sell, at the apex of the rush. The run to 329 on the futures was the result of short covering. That is over for now. Better to wait a few days to give the stocks time to settle, Imo.
Sure, there may be some short term traders, but I will wait.

Hey, did you see Bill Gates owns 10.1% of PAASF?

I did mention SSC a month or so ago, at it's rev. split low.
I like silver better than gold right now, and platinum, via the futures or SWC.

BLTI moving premarket, watch it.

ATMS, one we have been buying since the dump to a buck fifty, gonna really pop...



To: Rande Is who wrote (12858)9/29/1999 9:19:00 AM
From: Kevin Shea  Read Replies (1) | Respond to of 57584
 
Rande: don't forget to look at other metals... I entered SWC on Friday and it broke up... others may follow....looking for N at 20ish...