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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: Tim Luke who wrote (73114)11/16/1999 4:24:00 PM
From: Kik  Read Replies (1) | Respond to of 90042
 
I want to say "thanks" Tim. My CS holding has now covered every trading loss I had in 1999. Congratulations to all who stuck through the CS hard times and listened to the table pounding. Sincerely...Kik



To: Tim Luke who wrote (73114)11/16/1999 4:28:00 PM
From: Samuel Wayne Turner  Read Replies (1) | Respond to of 90042
 
My pair and cs did quite well for me and I am grateful. NN cost me some money but thats life. I do not intend any disrespect to Beach but Beach is extremely bullish on nn and I think such optimism on this stock is unwarranted. NN is a play strictly on a buyout play. If the conference call Thursday doesnt imply or overtly state that the company is considering selling the company as a viable option to increase shareholder value then this stock will tank to the 15-16 range in my opinion and be months in recovering. Having said that it should be noted that after the bell nn has traded back up to 19 1/4 level so at least some must be betting the buyout play could be real. Just keep in mind if there isnt a buyout play or offer, this could be a very long term hold for some. I am committed to nn at this point and will take my chances, I mention all of this only to advise caution for any considering nn as a play so that they are aware of the risk.