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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (6674)	7/7/1998 10:38:00 PM
From: David Graham	Respond to of 29382

Hello Everybody; Haven't had a chance to even read my messages or e-mail in ages. I posted a week or so ago that I think that TCBG is set for a run. tonight they announced a big contract with sweet and ripe and there is a huge short with only ten days left to cover or convert. If they convert the problem they face will only get worse as they available float is dropping. I have news also of another strong buy on RECY with a target of 17 1/2 but it's from a fax that was read to me and I won't be able to read it until I'm back in my office. I don't remember who it is from so I'll have to post it next time I have a few minutes to get in here. Grammy

To: LTK007 who wrote (6674)	7/7/1998 11:46:00 PM
From: Amigo Mike	Read Replies (2) \| Respond to of 29382

Amigos y Amigas, I believe that I have found an interesting value play that The Amigos may consider for entry. The company, Emulex (EMLX), is involved in fibre-channel technology that involves larger corporate servers. This stock has been declining for months from near $20. I have noticed that a larger seller has been hitting the stock for some time. Now the selling appears gone and what remains appears to be an excellent value. What appeals to me most is the EMLX has won many design wins for their fibre-channel products and have agreements with several larger integrators. Of particular interest is Clarion, who works with DELL and is using EMLX technology .... as well as DEC who is incorporating EMLX technology in CPQ servers =). At $6.50 per share ..... I believe EMLX stock price is about to turn around and could easily double this year. All indications are that there are some large buyers scooping up shares the last two days and the stock appears to have broken its downtrend. I will be evaluating EMLX further this evening and consider purchase. Lemme know what any of you think. Amigo Mike PS .... I have a few others that may be quick plays. These need to be watched carefully. I have not checked these but the charts and volumes indicate movement higher: ALMI, BUKS, GNK, INFO, MGMA. Be careful with these.