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


To: LTK007 who wrote (2521)4/1/1998 9:52:00 PM
From: Sergio H  Respond to of 29382
 
Max, I am not happy about the current price of DHI and have to admit that I am at a loss to explain why the stock is not making me happy right now.

Did you see the pop on WAVO today by the way? April 4th is the launch date for Wave Top and the Vegas convention. The vol. today was very strong on all internet stocks. My point being that it is difficult to time exactly when a stock is going to take off. Even Doug
R. is sometimes a few months off with his wonderful TA. So, as unhappy as I am with the current price of DHI, I am staying put. I do agree with you that on or about the merger date DHI will go for new highs.

I remember waiting for stocks that I knew where solid in the past year and not being able to understand why everyone in the planet didn't see it. I have to admit that I second guessed myself often and sometimes lost patience. Patience did pay off handsomely quite frequently and I've learned some discipline Would have held WAVO for example, if it wasn't for the preferred convertibles.

Good luck trading Max.

Sergio



To: LTK007 who wrote (2521)4/2/1998 1:20:00 AM
From: Phil Jacobson  Read Replies (1) | Respond to of 29382
 
Max,

Be careful on TALK. THREE "hot tips" about this stock came to my attention within five hours.

I think the company or their bankers have crossed the line and are attempting price manipulation here. It's especially suspicious that a specific date is attached to the rumor. TALK has been clear that they want to be bought out but they want a price in the $30s. The only way they get that is if the starting point is a lot higher than today. The only thing that surprises me is how transparent this is. It's really amateurish for them to start spreading rumors for consumption by individual investors. The "whispers" are normally done for the benefit of institutions. This time it looks like the big money people aren't buying it, otherwise why would it close down today? Usually a good buyout rumor sends a stock up at least 10-15%.

TALK's business model stinks in my opinion. But it's just my opinion and the herd COULD turn this into a great trade.

I could be completely wrong on this and I'm only trying to tell you what I think. I hope the SEC gets involved.

Phil