Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (15634)	4/6/1998 10:34:00 PM
From: Haim R. Branisteanu	Respond to of 94695

Tommaso, it may be that you have not read all my post sorry :(, in any case I was short puts until last Friday and long with written calls. Which position I closed. As to TTELF I visited the company back in January, and recommended the stock after my return. The reason that I sold is that I am involved with TTELF in new projects and did not wanted to get exposed to any SEC issues. In general terms, I assume that TTELF moved above resistance at $14 and must close the gap from $20 area. As to your specific question of the company prospects I will be able to give you a response in few days (I hope). To best of my knowledge they may not be shipping to plan this quarter, but also it is my understanding that TTELF will start manufacturing in S. Korea to keep their orders there and also to take advantage of the cheap currency which will add to the bottom line. So end of quarter results - I do not know. In any case the PE is lower than LU <gg> Also their new JV with Raychem opened new markets which were not available to TTELF. As a last note, do not make investment decissions on my comments and check it out yourself. Or call me (not tomorrow)- click on my name and follow the links. Call the company CFO in Tel Aviv - Haim Fischler at 011-972-3-926-2319 7 hours difference. BWDIK Haim