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

To: Tim Luke who wrote (2545)	9/28/1998 11:17:00 PM
From: HandsOn	Respond to of 7247

Tim I agree 100% re this being a stock pickers market, good call on XYLN. Btw I sold PSQL Today for a nice profit of over 40% since buying on 9/18.

To: Tim Luke who wrote (2545)	9/29/1998 1:15:00 AM
From: Brian Moore	Read Replies (1) \| Respond to of 7247

Interesting reading on the BK thread tonite, starting with Message 5863749

To: Tim Luke who wrote (2545)	9/29/1998 1:17:00 AM
From: Jon Cave	Respond to of 7247

PSFT - added to the S&P 500. I am not sure if anyone posted that on here. I believe that the anouncement came today. Should see a nice little spike in price tomorrow. I think that PSFT was under valued in the low thirties anyway and probably should be in the middle thirties. I think that mgmt also stated a while back that they felt comfortable with earnings. TQNT - this is a nice little semi that is in the GaAs business. They make a lot of chips for the communications and telecomunications business. It is a small cap with a market cap of about $160 mil. The stock is down about 60% for 52 weeks. The stock bottomed at 14.5 during the market turmoil and had been trading around 15 for weeks. I had an order two days ago setting on 15 and the mm wouldn't let me have it. I refused to raise my limit to 15 1/8. The darn thing moved about 10% that afternoon. I do believe that mgmt has stated that they feel comfortable with earnings. I am still chasing this one hoping for a slight pull back. This is a wild quess! MU - beat earnings estimates after the bell. They reported a .42 loss versus a .52 loss expected. Could have a positive effect on semis tommorrow. Good luck. Warning: I am just an average green investor. When I buy a stock it usually falls about 10% before it goes up <g>.