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To: Big Brother who wrote (14175)5/29/1998 11:19:00 AM
From: Filbert  Respond to of 17305
 
I don't follow Flash Memory companies anymore, but I made some money on SSTI in the past. Their stock has been pounded down as of late because of litigation and patent fights with ATML. From the SSTI thread,

exchange2000.com

I have no stake in the company and will not be buying, just thought I'd post it for the technologically erudite in the crowd to nosh over.

ATMI was downgraded by Needham and Co. this morning I believe which supposedly accounts for their drop, (Strong Buy to Buy). I haven't read Needham's report. I have owned ATMI for a few years now.

*AV* , I really enjoyed the report on your birthday trip. Your description of your children's plans for your wife's cremated remains had me laughing 'til I fell off my chair.

Good luck to all,

Filbert



To: Big Brother who wrote (14175)5/29/1998 1:17:00 PM
From: Andrew Vance  Respond to of 17305
 
*AV*--I am thinking the same way but the short would not go into place until the run up had occurred based on the news. I think this is what he was sharing with us. Short after the run up just like ENMD. Apparently the news was not dramatic enough to send the herd in to run up this stock. you never know how the market reacts to news so the heads up was appreciated and a watchful eye is still being used.

My plan was to either short or buy PUTs should the stock move into the high 40s to low 50s and then wait for it to settle down. Unless, of course, it skyrocketed to the 60s in a heart beat. IF that occurred I would short and buy PUTs, while selling naked CALLs.<GGG>

Andrew

Update: I just saw your more recent post on your 35% profit. Congratulations from someone who is still sitting on the side waiting.<GGG> All the plans mentioned above mean nothing in comparison to an actual trade that yields 35% in a matter of a few hours. Good Job, BB.