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Technology Stocks : Saville Systems (SAVLY) -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (80)2/26/1998 1:00:00 PM
From: Phil Jacobson  Read Replies (1) | Respond to of 261
 
Clint,

You still sure about another short term upside kick? If it was going to happen I think it would have happened by now. Looks like we have a month or so of consolidating to do. Am probably going to sell my March 45 calls while they still have some decent premium left. I really think the stocks of SAVLY and some of the other s/w companies may go very flat or even start breaking down soon. The runs have just been incredible and won't last forever. I sold LHSG (similar to SAVLY) and bought Boeing today.

Phil



To: Clint E. who wrote (80)2/26/1998 4:14:00 PM
From: Phil Jacobson  Respond to of 261
 
Hey, it turned out to be a good day after all! Some late buys in quantity pushed it to 48. You may be right, we'll see. SAVLY tends to test new highs a couple times before breaking to the next level. This is the first retest of 48. Should be fun to watch it tomorrow.

I'm still holding my calls.

Phil


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