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To: Andrew Vance who wrote (15458)9/9/1998 11:03:00 AM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 17305
 
Andrew: Re: "Now that we saw today's rally in the stock market, we should be very careful not to fall into a Bear trap. We have a triple witching Friday coming real soon and a makings for a nice Tech Options Friday Takeout by the Big Boys again. Remember last month's discussion of this. Protecting profits should be the uppermost thought in your minds right now."

Could you go into some detail as to how the big boy takeout works?
I have a vague idea, but would appreciate your view. How far in advance of the options Friday do you normally take your profits? Do you do this with every trade you have going or selected trades? Is your nickname "Radar<GG>?"

PS: DY did a piggyback when it was in the low 20s. Stock weakened for a time thereafter. I am out as well. I chose ALNK over MTZ. ALNK recently announced a buyback. What would be your DY rentry price?



To: Andrew Vance who wrote (15458)9/9/1998 1:26:00 PM
From: Doug Skrypek  Respond to of 17305
 
AV: Regarding IFMX, I think it rallied off of an article in this weeks Forbes. I didn't read all of it, but basically the article outlines IFMX's restructuring efforts and goes into the growth of IFMX's product markets-RDBMS, data warehousing, and OLTP.



To: Andrew Vance who wrote (15458)9/9/1998 4:15:00 PM
From: Czechsinthemail  Respond to of 17305
 
Here's a nice opportunity mentioned by Briefing.com.

13:54 ET Valley Systems Inc (VALE) 2 7/16 +1 15/32 (+151%): HydroChem Industrial Services announced today that it will acquire all of industrial cleaning service company's operational assets, subject to finalizing schedules and exhibits to the definitive agreement, completing due diligence and obtaining regulatory and Valley stockholder approval. The purchase price is approximately $29.8 million, plus the assumption of Valley's bank debt and certain other liabilities. Based on 7.9 mln VALE shares outstanding, deal worth approx. $3.77 per VALE share.

The deal is expected to close in 4Q. VALE closed at 2 5/16.