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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sandra who wrote (943)2/21/1998 9:30:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Sandra, both GALX and VRLK were up over 20% on Fri. on strong vol. GALX's connection with Pizza King and Pepsi SOUNDS good but what does it mean to GALX? There are over 60 million shares and the co. has no cash. Pepsi as health food is questionable also but the stock has momemtum and if you buy it, it will have FIST also.

VRLK's move on Fri. has me curious as well. My first guess is that Hambrecht and Quist may have released updated research, but I could not access the H and Q site tonight. Let's look at this one again before Monday.

Sergio



To: Sandra who wrote (943)2/22/1998 3:00:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Sandra, I still could not access the H and Q site to verify what I believe moved VRLK on Fri. If the vol. and price movements are due
to a takeover, then the March 10 calls are a good play. The March 7 1/2s, the April 7 1/2, and 10s and the May 7 1/2 and 10s all increased in price along with the common of Fri., but the March 10s did not.
March 10s are selling for 1/4
April 10s are selling at 7/16
April 7 1/2s are selling at 1 1/2

Interestingly, there was a lot of action on the calls and the puts on Fri.

Sergio