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To: Thean who wrote (10412)10/28/1999 11:30:00 AM
From: SJS  Respond to of 14427
 
Thean,

I bought CNXT for the ML upgrade, split run, etc at 80 7/8. Took the profits today at 84 3/8. It's now 85 1/2, and it's still going. Again, you're call technically was probably correct, but the ECI report gave the market it's sailing wind today.

As you know, luck is sometimes all you need. It's a winning trade ($)for me and just an opportunity loss for you. It could have been worse for both of us.

TXCC does get NO respect, but I've seen this happen with this stock before. They'll get all the seller out and BAM!....North by 4 or 5 points. I'll bet that before options expiration, they'll most likely be scaring the 50 call writers before too long.

HLIT has been and continues to be intriguing. Compelling buy here? I don't know. Down over 12 today.

JDSU reports after the close today. Hold on tight.

Steve



To: Thean who wrote (10412)10/28/1999 1:21:00 PM
From: Alski  Read Replies (1) | Respond to of 14427
 
Thean, re: CUBE
HLIT is buying only the set top box part of CUBE (the DiviCom subsidiary). The semi part is to be spun off or sold separately. So CUBE holders will end up with .5247 HLIT plus ????
biz.yahoo.com
Alski