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Technology Stocks : General Instrument Corp.'98 (GIC) -- Ignore unavailable to you. Want to Upgrade?


To: Larry Brew who wrote (165)3/19/1998 1:44:00 AM
From: ferdc  Respond to of 615
 
<<<What I don't understand, is why it took 2 days to go back into the 18's. My sells usually cause quicker rebounds than that! :-) >>>

And here I was thinking that it was my selling on Tuesday that caused the rebound. Silly me.

ferdc



To: Larry Brew who wrote (165)3/19/1998 5:27:00 AM
From: John F. Dowd  Read Replies (1) | Respond to of 615
 
Dear Larry:

Don't take all the credit it is because I sold some June calls at 17.5

John Dowd



To: Larry Brew who wrote (165)3/19/1998 10:53:00 AM
From: BigBull  Read Replies (1) | Respond to of 615
 
Larry, (more IR and price action)

Mr. Santana called me back yesterday, late in the afternoon. He called simply to tell me that he couldn't tell me anything about the dct5000 cpu. He's new and he's the real deal.

biz.yahoo.com

When he called I was just walking out the door and got a little flustured due to the shock that he actually called back. I had a lot of questions to ask, that just clear went of my head. I wilted. I folded. I choked. Oh well, no bodies perfect! I did try to get more out of him by asking tangential questions about the CPU. Using some very couched language he indicated that a part has been selected. I'm still curious. Maybe you could put on your best silver-tongued devil suit and get more out of him than I. Nice guy though.

17 continues to be defended. Yesterdays price volume action was very constructive. Decent blocks crossed. Want to see some follow through today. 18.5 or 18.75 would make it more likely that we've hammered out an intermediate bottom here. I consider options like pawns in a chess game. I'm willing to sac a little to get in a stronger position. Just trying to insure that I'm on the right side of the trade. When volatility compresses like it has on this puppy, some explosive moves can result. Got to be nimble to play them. I have cash and stand ready to buy.

A word about Intel. Insiders are dumping INTC big. Insiders are buying IDTI big. That says it all! I'm back in IDTI. Not short INTC though.

Good Trading

Kevin