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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Paul A who wrote (2057)	10/13/2000 10:37:32 PM
From: Tom Hua	Read Replies (1) \| Respond to of 19633

Evening Paul, in light of today's record points gain, let me touch on 2 stocks that will be news/events driven movers on Oct 25th. Both companies report on Oct 24th after the bell and CC on Oct 25th. 1. MWAV. We're all familiar with it. Like last quarter, I'll be on the call. 2. STEC. IPOed Sept 29 at $11, led by Lehman Brothers. Today's close 7 5/16. I bought a bunch today at 7 1/4 and will add next week in the 7s. STEC is in your line of business Paul (DRAM, SRAM, Flash memory) so maybe you can give us your read on the company. Company is profitable. My main objection is the company name. The founders must be brain dead when they came up with Simple Technology. Might as well name it LowTech Inc., Stock is almost unknown to investors and traders at this point, that will change in a couple of weeks. I think it will trade between 11-13 before or just after the 25th which is when underwriters should initiate coverage. Regards, Tom