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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (44)12/22/1999 10:57:00 AM
From: Steve Lee  Read Replies (1) | Respond to of 30051
 
I'm going to hang on to the BRCD calls for a week or so, hopefully taking a nice gain and investing some of the proceeds in BRCD stock as I think it will have a couple of good quarters.

I couldn't resist JNPR when it dropped today and paused, so just picked some stock up at 320 and change. Will probably sell later today. Are you still holding out for another drop back to 280 or so?



To: Zeev Hed who wrote (44)12/22/1999 11:11:00 AM
From: Steve Lee  Read Replies (1) | Respond to of 30051
 
Zeev,

Would you mind expanding on your reasoning for expecting BRCD to make a run to $180? I'm sitting here looking at a RMBS chart and want to buy calls urgently because I think it is going to blow v. soon. My risk tolerance won't let me buy RMBS calls unless I sell some other calls so I am looking at pulling the plug on BRCD. Comments?

Steve.


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