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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (1705)9/15/1998 4:21:00 PM
From: joe  Respond to of 7247
 


COMS is going on a one way trip.

Seems that many folks are mentioning INTC buyout,
but INTC just flat out denied that at 3:15pm. It's
a nonsense rumor among numerous other nonsense
rumors.

Earnings should be good.

Heavy past resistance at around $32. Hard to
say if it will test this during options week, but
it looks like it's ready to go through it.

Also, heavy options activity the last few days.



To: Tim Luke who wrote (1705)9/15/1998 5:07:00 PM
From: BomboochaBoy  Respond to of 7247
 
Tim, how was the surf? Over here (Kona) it's flat to a foot. I don't surf, but some of my friends do, and the best beaches are around the corner from me.

COMS, COMS, COMS. I'd go in after a slight pullback, if there's going to be one.

Walked into TBR @ 70 3/8. Very small position for now. Tiny PE, long ways off its highs. Any thoughts on those Latin stocks?

Still holding on to TLAB. Rise, rise, rise....

Aloha
Paul



To: Tim Luke who wrote (1705)9/15/1998 10:42:00 PM
From: Sandra  Respond to of 7247
 
Tim,
Look what's on the fromt page of HBOC's web page!
hboc.com

Sandra :)



To: Tim Luke who wrote (1705)9/16/1998 3:21:00 AM
From: AurumRabosa  Read Replies (1) | Respond to of 7247
 
COMS is a candidate straddle trade for Wed 9/16/98, only 3 days left, risky:

COMS 30 5/16
Sep 30 call 1 3/8 THQIF
Sep 30 put 1 THQUF
Net debit < 2.375

Any merit to making a quick options trade on COMS?