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To: tdl4138 who wrote (2761)9/10/1998 2:26:00 PM
From: waverider  Read Replies (1) | Respond to of 14427
 
Good point about BT...supports and old earnings mean nothing now. I sold my CCI puts based on what I saw as strong support around $112. I'm sure support for either stock back 2 years is meaningless. Emotion and panic is what is controlling things now.

BBY. I see NO reason why it shouldn't drop back down to $40. From here, that would be a nice 8 point profit. Hmm...I think I'll buy some October puts to keep my leaps company. Gotta go.

<H>



To: tdl4138 who wrote (2761)9/10/1998 2:41:00 PM
From: waverider  Read Replies (1) | Respond to of 14427
 
Hmmm....BBY:

Here's a story from the fool from today on it. Sounds good. However, they keep referring to (if there is a slowdown in the economy...).

This turnaround has really been amazing. Anyone care to comment? I'm a bit shy of this one now that I've dug deeper. I'd rather go after a more troubled outfit. But then again...stereos, etc. are NOT things people buy in troubled times.

Go to the last half of the report for the article:

fnews.yahoo.com

<H>


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