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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: QuietWon who wrote (69461)11/2/1999 9:57:00 AM
From: Tim Luke  Respond to of 90042
 
100K buy in cs at 17 3/4



To: QuietWon who wrote (69461)11/2/1999 9:58:00 AM
From: Neil H  Read Replies (1) | Respond to of 90042
 
Picked up some trading shares of RMBS. Product is starting to roll out. Volatile though so do dd. I hold a core and buy traders stock.

Neil



To: QuietWon who wrote (69461)11/2/1999 10:08:00 AM
From: jas cooper  Read Replies (3) | Respond to of 90042
 
Also, in that post I mentioned Terry matthews should have sold the co a year ago.

VERY VERY BAD MANAGEMENT at NN


If you look at CS, you'll find a lot of the same factors that drove it down to near 7 awhile back. Since NN is one of those 'other' networkers that could conceivably be bought, perhaps this is an opportunity to look a little longer term, and determine if the company is headed for belly up or more likely a partial or full recovery.

Could be better to buy now and take a slightly greater risk, than to wait till the stock recovers to the mid 20s (which it probably will), and then bank on a takeover for further appreciation.

Just a thought,

jas



To: QuietWon who wrote (69461)11/2/1999 10:10:00 AM
From: Tim Luke  Read Replies (1) | Respond to of 90042
 
NN.....i'm waiting to see if it dips below 16 again..if it does i will buy it...day trade