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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector -- Ignore unavailable to you. Want to Upgrade?


To: kolo55 who wrote (1011)12/19/1997 2:55:00 PM
From: rich evans  Respond to of 2542
 
I didn't say so but yes I did buy the stock. But couldn't afford a lot. And also didn't want to sell other stocks. To get more PLXS I ended up buying the June98 Call strike price 15 and selling the put for June at 15. So it cost me very little. I did the same thing to get more FLEXF and made money on the options difference but of course its like buying the stock riskwise which was fine with me.

Rich



To: kolo55 who wrote (1011)12/19/1997 6:06:00 PM
From: Creditman  Read Replies (1) | Respond to of 2542
 
Thanks for the well wishes on PLEXUS but I already sold it ... had it a few hours anyway; bought for $13.75 and sold for $14,50 (Long term? What is long term?) I used the money therefrom to buy more TSEMF which proceeded to jump up 1/2 near the close. I really think that company is going to be up at least $5 in Januaryafter earnings come out. It is $9 now and was $18 before last Q's (good!) earnings report. I think $14 to $15 will be easy and the company may be on the market and woud fetch $17 or $18.

BTW I've heard nothing but good news all day from big PCB companies. PGTZ is doing great and so is HADCO. Even the chip companies are talking positive. Hi-tech biz is much better than people realize!



To: kolo55 who wrote (1011)12/31/1997 11:37:00 AM
From: 18acastra  Read Replies (2) | Respond to of 2542
 
CMCI...another one bites the dust. Scale/global players will win.

Have no idea if CMCI is a bargain here or not, but I think the strategy of long Scale/Global, short small/niche/domestic has been a good one.

My opinion.