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


To: Triffin who wrote (5013)1/8/2001 4:02:04 PM
From: Tom Hua  Read Replies (2) | Respond to of 19633
 
Jim, I bought ARBA and CMRC throughout the day and am in the money now. I'm holding ARBA past earnings on Thursday. I think it'll beat estimates, and I don't expect any downward forecast going forward. Enterprise software has not been affected by the economy slowdown. MANU reported last month and it showed no sign of any kind of problem. Forward looking was surprisingly upbeat.

If ARBA reports as I expect, it may get back to 50s real soon. CMRC reports on the 18th but should run in sympathy to ARBA on Friday.

I also bought calls in both for added excitement.

Regards,

Tom