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Technology Stocks : American Mobile Satellite (skyc) -- Ignore unavailable to you. Want to Upgrade?


To: 45bday who wrote (312)7/29/1998 1:03:00 AM
From: VALUESPEC  Read Replies (1) | Respond to of 400
 
<<Spec: Which calls did you sell and what is the opt. symbol for SKYC please. I'm off for a holiday and not sure what I want to do with this while I'm away. The bottom has been around 7 since I first invested. How do you feel about that holding. >>

I don't expect to do anything until after Thursday when earnings are out. I'll post what I think, but probably not until after I hear the conference call.

I'd rather not say what calls I'm holding as SKYC is thinly traded and I have reasons to not tell. Everything I have, actually, not much, is in 1998.

I don't like the sell-off before earnings, but I don't expect any particularly bad news on that front. It is the ACTEL financing that I am most interested in.

I will be surprised if it goes back to $ 7.00, but who knows?

Most of the small-caps have been doing really poor. Usually, I will start to sell my losers as they fall. I have sold all major trades and almost all my small-caps as a result of the slumping market. I put in into the larger company, CD, which I see as one of the best S&P deals out there (Maybe not for long as they had good news after the close).

. . . If only ACTEL gets the financing.

Hey, CD finally had a string of good news. That stock has made me work for my money.

SKYC: $ 8.56b $ 8.75a
CD: $ 17.12a

VALUESPEC