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Technology Stocks : ANTEC Corp. (ANTC) -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (451)10/20/1999 12:20:00 PM
From: David Beckett  Respond to of 847
 
My broker suggests ANTC missed a "wisper" number. I took this opportunity to load up again, because nothing fundamental changed. Mostly great news. Two negatives were narrower margins and short term flat results in Europe. Between 9/27 and 10/11 May 50 contracts rose from 9 1/2 to 13 1/8. It is a joy to be able to get back in with Feb 40 contracts at only 9 5/8. I also bought shares today.



To: Kenneth E. Phillipps who wrote (451)10/20/1999 4:17:00 PM
From: PaperChase  Read Replies (1) | Respond to of 847
 
Yeah. I know. The stock climbed $20 (50%) in 3 months by momentum traders despite an analyst downgrade in the interim. The slightest disappointment (gross margins) and then wham, the momentum traders exit.

The irony for me is today's price volatility is reflected in ANTC options and it does not make sense for me to buy back my Nov $45 Covered Call (purchased in mid September) just yet.


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