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Technology Stocks : General DataComm (GDC) anyone following? -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Aloha who wrote (203)6/25/1998 7:38:00 AM
From: John A. Stoops  Read Replies (1) | Respond to of 266
 
Mr. Aloha,

I see we follow many of the same stocks. I read your posts on the CYMER board on a regular basis. I am long on Cymer and hope to see some profits by the 4th Qtr.
I bought GDC because until recently I also had a position in Erricson.
I thought the accumulation yesterday might be because it is a potential acquisition target of ERRICY (my own theory).
Anyway, I bought this at $6 a share and will spin out of it asap if nothing big happens in the next 30 days.

John



To: Mr. Aloha who wrote (203)6/25/1998 9:36:00 AM
From: jeffbas  Read Replies (1) | Respond to of 266
 
Boy are you brave. The last stock I would short is a clear acquisition target - a chance to lose 100% on your money or more if you are short.