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Technology Stocks : Stock Swap -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (15233)8/18/1998 4:36:00 PM
From: Andrew Vance  Read Replies (1) | Respond to of 17305
 
*AV*--I think you have seen why I have been a deliquent here on Stock Swap. I am trying to repent. Even though this is a 4 day old message, I will answer it as if it was Friday of last week.

VECO-see the short interest rising and still holding onto a block at $35 and probably could have dumped today in the high 32s. I am still waiting for the break below $30 which will eventually occur.

NVLS comment is confusing. If you are long at 32, taking profits is warranted today. I am playing the 36-37-38 swing downs to $40 and change like today. With the SMTL lawsuit, I like playing this range of the stock. I am selling off NVLS waiting for yet another reversal going into later this week or early next week. This is Options Week and they are playing with these stocks. do not get burned here.

UTEK in the 20 to 22+ range is a great trading range. I think we will see retracement at this level back down again. It is almost like a 5% ATM machine handing out cash. My feeling is to take 5% as many times as possible until it starts to run away from you.

UTEK vs TER -- I give the edge to TER.

AMAT- still more bottom trolling to go through. IF order were on the way, they would not be looking at the next round of layoffs.

We are in the midst of an Options Fool Rally that may extend to this Friday or upcoming Monday before these stocks settle down again. This is a cleverly orchestrated mini pump and dump play to make some nice Options plays by the big boys.

Andrew