Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (35076)	2/28/2002 8:50:45 PM
From: Larry Brubaker	Read Replies (2) \| Respond to of 99280

Zeev, I think the current weakness in VLNC is a "stealth" floorless in place. Definition of "stealth floorless": an agreement is reached in which the bandits will buy shares at a discount to the market at some point in the future. The bandits then presell the shares (by shorting). After the bandits short the amount of the financing, the price in which the bandits will buy the shares at a "fixed" price is set, which happens to be at a discount to the current trading price. The bandits then use these shares to cover the presold (short) shares. Guaranteed profit. Why do I think this is the case? (1) VLNC is running out of money. (2) The short interest, after declining steadily from 8+ million shares over the last year to 4 million, has suddenly jumped by 500K shares last month. At the current price, it is not retail shorting going on. We will probably see an announcement of a "fixed-price" stock sale by VLNC in the near future. At that point, it might be good for a trade.

To: Zeev Hed who wrote (35076)	2/28/2002 9:32:44 PM
From: Jdaasoc	Read Replies (2) \| Respond to of 99280

Off the AP Newwire. Any dea if latest attempt by Japanese government to revive economy will amount to anything. I don't even remember hearing about this latest plan yesterday or today or have I been totally asleep. <g> FEBRUARY 28, 20:45 ET Tokyo Stocks Continue Rally TOKYO (AP) — Tokyo stocks continued to rally Friday after the central bank announced it would loosen monetary policy to fight deflation. The dollar was lower against the yen. The Nikkei Stock Average gained 13.98 points, or 0.13 percent, to 10,601.81 in the first 30 minutes of trading. On Thursday, the average closed up 370.46 points, or 3.6 percent. The dollar bought 133.47 yen in early trading, down 0.41 yen from late Thursday in Tokyo and also lower than its level of 133.65 yen in New York. Stocks edged higher early Friday, a day after the Bank of Japan announced it would try to increase cash flow in the financial sector by raising its monthly bond purchases to 1 trillion yen ($7.5 billion), up from 800 billion yen ($6 billion). The measure is intended to help Japan fight deflation, a continuous fall in prices that erodes company profits and dampens economic activity. The Tokyo Stock Price Index of all issues listed on the first section was up 0.15 point, negligible in percentage terms, to 1013. 95 early Friday. The TOPIX closed up 23.36 points, or 2.37 percent, the day before. In other currencies, the euro was traded at 115.94 yen, up from 115.74 late Thursday in Tokyo. The yield on the benchmark 10-year Japanese government bond was unquoted in early trading. On Thursday, its yield finished at 1.5250 percent and its price settled at 99.78.

To: Zeev Hed who wrote (35076)	2/28/2002 9:37:01 PM
From: redwood	Read Replies (1) \| Respond to of 99280

Zeev....i thought you might find interesting this research i just did on your Q stocks versus the QQQ for the month of Feb...i took the closing price of all on jan.31 and feb.28......for the month of Feb.....BRCD= -39.6%.....BRCM= -27.8%....QLGC= -23.9%...JNPR= -39%....EMLX=-29.5%...these stocks had an average of a -32% loss for Feb.......the QQQ= -12.28% for februrary......i wish i had just shorted the q for feb......i'll bet everyone wishes that...<GGG>