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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (3020)	5/14/1998 3:35:00 AM
From: Jorj X Mckie	Respond to of 34811

Judy, it sounds like LU may have discussed $50 with BAY since they are saying they want 5 times earnings, which equals $50 (somebody else's math, not mine). I'd be happy with $40. I would expect that COMS might see some action as well based on anticipated acquisition fever. Placed a sell order on the YHOO puts yesterday (Tuesday) that did not close. Still ITM, but not a happy camper. Would you expect a runup through options expiry? Might be going to cash soon anyway. I'll probably just buy "the kid" on dips through the end of the month. I will be gone for the first two weeks of June and I don't want to be holding anything volatile during that period. Tom