SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Eagle Hardware (EAGL) The Next Home Depo -- Ignore unavailable to you. Want to Upgrade?


To: csm who wrote (365)7/21/1998 9:54:00 AM
From: Scott Mc  Respond to of 389
 
No open order is to short some shares, I like EAGL however it hit $30 last year, will probably hit it again. Will give up some of the highs to lock in profits. Based on my plan I will be entirely out of this stock in the low to mid 30's and would buy back in on any pull backs.
Scott



To: csm who wrote (365)7/21/1998 10:14:00 AM
From: Scott Mc  Respond to of 389
 
Stu, sorry misunderstood your question... I have an open order also to buy at 22 1/8, have been doing approx $2 spreads on the orders 22,24,26,28 and usually giving up the 1/8 to buy and sell E.G. 22 1/8 to buy and 25 7/8 to short.. Scott

Re an order at $23 1/8, I would think there is a good chance for a fill, however Id still be buying the convertible here since it is not callable until EAGL trades at 27$ for 30 consecutive days, better protection on the downside, interest payments and probably a lower commission although needs more watching with it trading over par..