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To: Electric who wrote (15293)9/1/1998 2:06:00 PM
From: KM  Read Replies (3) | Respond to of 42787
 
Elec: Zitel is going to zero. Read their latest 10Q (available on the thread)



To: Electric who wrote (15293)9/1/1998 2:08:00 PM
From: Judy  Read Replies (2) | Respond to of 42787
 
Electric, reread my post ... I am talking about shorting calls on LU, not buying calls. Do you have a read of near-term resistance?

On the long side for a trade, I prefer quality stocks with good relative valuation like EMC, LU, CSCO rather than momentum stocks. Momentum dies suddenly in this kind of market.