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Technology Stocks : KLA-Tencor Corporation (KLAC) -- Ignore unavailable to you. Want to Upgrade?


To: fred woodall who wrote (971)2/26/1998 10:54:00 PM
From: Ali Husain  Read Replies (1) | Respond to of 1779
 
I like KLAC waves also and most of the time ride them successfuly. I will see what happens tomorrow to make a decission. JBIL had a investor conference and that is what did it. I had come across the same situation with AZPN few days ago. It went from 40 to 43 on a news article and just as quick it gave back the gains. I made some money on it.
If you are looking for a short try SCMM. Look at sales and profitability vs. market cap. It is way over its fair value.

Ali



To: fred woodall who wrote (971)2/28/1998 10:14:00 PM
From: Ali Husain  Read Replies (1) | Respond to of 1779
 
I am still short KLAC. It seems like I am going to cover the loss and perhaps make some profit. JBIL turned out to be a good trade.
Take a look at CPQ calls (Mar 32.5 and 37.5). It is over sold and surprisingly options don't have much premium in them.
I also bought EVI Mar45p (overbought) I think I EVI will see $42 in next three weeks.

Ali