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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Sylvester who wrote (1582)9/1/1998 11:07:00 AM
From: majormember  Respond to of 4140
 
Sylvester,

You are very astute. Yesterday I bought 40 AMZN Sept. 85 puts,
and have sold "some" SNRS (gotta follow the TA). AMZN got a
downgrade this A.M. by Merrill and am hoping to get out by
Friday around $50 (who want's to keep AMZN over the weekend).

Next week I'll re-load the boat on SNRS....

Happy Trading.....LONG SNRS (but not oblivious to TA).

Skane



To: Sylvester who wrote (1582)9/1/1998 1:52:00 PM
From: majormember  Read Replies (1) | Respond to of 4140
 
Sylvester,

Sold my AMZN 85 puts for 14, +7 1/2.....
Bought 9000 SNRS at 4 5/8...

I don't think I need to point out that SNRS is my #1, Numero Uno
stock which as Nanny said awhile ago, you can retire nicely on.

By the same token, I don't see anything wrong with "trading" these
markets, especially when we have some of the best TA on Silicon
showing us the path.

There is no one more loyal to SNRS then I, yet I do not feel
that precludes me from making other trades. To those who have
averaged down (including me), I never thought we would see
the price back down below $7, much less in the 4's. I'm still
holding some I bought at 8 1/2.

Happy Trading......and GO SNRS!!!!

Skane