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Technology Stocks : Speedfam [SFAM] Lovers Unite ! -- Ignore unavailable to you. Want to Upgrade?

To: David A. Stern who wrote (2941)	4/15/1998 8:28:00 PM
From: Mr. Sam	Read Replies (2) \| Respond to of 3736

For anyone interested in covered calls on SFAM, see the SFAM Options Thread: Message 4077405 Mr. Sam

To: David A. Stern who wrote (2941)	4/16/1998 1:38:00 PM
From: Smilodon	Respond to of 3736

Love the SFAM trade. I wish I had bought more in the low twenties so I could join you. But, I don't have enough to trade out of any. I do think there has to be a pullback. While the long term potential is great, we still have some bad semi-cap quarters ahead of us. Somebody will get impatient and put their shares on sale. At least I hope so. We bought all the QLIX we could at 3 or less. Wasn't much volume though. Others were doing the same thing, which is why it quickly firmed up to 3 again. I have done a lot of due diligence on this one. There is not much risk in it as they will just sell the company if they can't turn it around. I think it is likely they sell the company anyway, if they get the stock price above the IPO price of 8. Likely buyers are Computer Associates, Network Associates or Legato (Legato is my own opinion, and would be most likely buyer if they can't get things turned around). Also, they are taking specific action to fix the salesforce issues. Time will tell. Hope we see SFAM get cheap again. Archer