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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 (77763)12/12/1999 6:59:00 PM
From: OpusX  Read Replies (1) | Respond to of 90042
 
Good evening thread:

Anybody playing RAD for a turnaround play? They have been a pitiful company but with new mgmnt things are looking up
Any opinions welcome

Regards,

Robert from Rochester
also holding CS & NN of course :)



To: Tim Luke who wrote (77763)12/12/1999 7:11:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 90042
 
update #2

VDIM:

first buy alert went out at 11 and then again at 13....my personal target on this one is 19 but it's now going past the time frame that i had to hold it....this is a very strong company who blew away earnings...but it is a position play not a long term hold....being a position trader and won't tie up money for a long period of time unless it's a stock like cs or nn....if there is no news tomorrow to push this stock higher i will be a seller...time to use the money on other plays...if you stayed alert to this call you should be in the green and should not have to take a loss..this is why it's important to pay attention to the alerts...



To: Tim Luke who wrote (77763)12/12/1999 7:43:00 PM
From: Tim Luke  Read Replies (2) | Respond to of 90042
 
update#5..saved the best for last...(parted with some of my NN,vdim on friday and loaded the boat on cs...CS is now my largest holding)

CS:

i got out a couple days ago but then i got back in and put out a major buy alert on friday...( i will thank the people who help convince me of this later)
...as you know i have been pounding the table on this stock for months now...since the damn thing was in the low teens....

now please pay close attention to this post:

GEC/MARCONI bought fore systems...which was one of our biggest plays of the year....MARCONI is now on path to be a networking giant...now that they have fore IT IS MY OPINION they will buy CS...get listed on the nasdq and go after CSCO....MARCONI had a 6 page ad in wednesdays wall street journal so they are cranking out the news to let the world know who they are..everything seems to be panning out now and i sure hope you guys got in on friday...

i suggest you guys click on their web site and check them out marconi.com

cs will announce earnings on the 20th but i have a feeling MARCONI may buy them out before then , which would be next week...my guess is a low of 40 and we could also get 1 to ten more points on top of that 40....cs is a rock solid company and patel did a 180 on this company...i think what he did by turning the company around was put it in a position to nail this 40 to 50 $ buyout price.

you have to understand that marconi plans on being the next 800lb gorilla and with the deep pockets they have along with fore and cs i think csco just might have something to worry about...now just think of how huge marconi will be going public on the nasdq with fore and cs under their belt.

now this is critical...DO NOT SELL if cs opens on monday...i told everyone this when we were in fore and some sold that monday morning when fore opened for trading....20 minutes later MARCONI buys fore and the stock is halted..

note:

all the above is only my opinion on this stock...nothing is etched in stone so always do your dd.