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Strategies & Market Trends : Yeehaw candidates short-term picks -- Ignore unavailable to you. Want to Upgrade?

To: ACAN who wrote (57)12/11/2003 10:41:27 AM
From: Ken W  Read Replies (1) | Respond to of 466
 
Allan

I think Mikey has a shorter attention span than I do! LOL

CYAN news out this morning. The convertible is now gone (converting 1.25mm to 1.9mm in common. Thus the short hedge postion is no longer viable. This also takes out 10% interest payments from the company representing a 31k expense that will not be shown in the next Q.

The stock is not reacting on the news, but I'd bet on a nice bounce to the next Q's report. A higher Yen opposed to the weak dollar should benefit earnings also since nearly 50% of CYAN's sales are in Japan.

Ken



To: ACAN who wrote (57)12/11/2003 4:14:58 PM
From: lostmymoney  Read Replies (2) | Respond to of 466
 
Hi allen, well, I guess we need to stick with the two weeks, unless someone tells me otherwise. Will keep them there if ya tell me....What is a time limit for long term/short term?? Only when you make money??? Sounds like a bet on life insurance...LOL It figures when I take them out, they go up...DSLN removed....Thanks
Mikey
p.s. I made 30 cents on gap fill with PAL...but I do not want to BABBLE like Ken HEHE LOL


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