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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: LemonHead who wrote (13782)11/30/2000 12:04:36 PM
From: Jack Jagernauth  Read Replies (1) | Respond to of 18929
 
Hi Keith,

You have the bottom line figured out correctly: 26% built-in profit at the prices you mentioned.

Shares of Marvell fell as much as $25.75 to $56 shortly after the start of trading, but then gained some ground to close at $57.06.

Galileo's shares jumped more than 24 percent to a 52-week high of $38 at the start of the session, then fell down to $31.69.


What's up with the big drop in MRVL?

Regards,
Jack



To: LemonHead who wrote (13782)12/4/2000 12:41:13 PM
From: Taro  Read Replies (1) | Respond to of 18929
 
your math is correct.