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To: Susan Saline who wrote (17010)11/2/1998 6:04:00 PM
From: Ron McKinnon  Respond to of 53068
 
>>>nah ... let winner's run

somebody tolda me that once

touche'

>>held the TECD did you sell it? an easy 5 to 10 bucks very short term

honey, nothing in this life is easy (except me but I'm not cheap gg)
sold from 37 when it stalled up a bit(that was an average up)
held from 36 5/8

did not sell this or NSOL for the Z as I am trying to set an example on limiting day trades gggggg
and maybe even make a better profit on then than a quickie



To: Susan Saline who wrote (17010)11/2/1998 6:12:00 PM
From: Ron McKinnon  Read Replies (1) | Respond to of 53068
 
watch list

possible longs

CDN CLE both of which I traded today for small gains but did not hold over
CHB
DZTK
FLM
OMNI (Paul, do you know this one?)
STO
UAL

possible shorts

AMD
DGN
KRB
NSOL
TLB
WHC



To: Susan Saline who wrote (17010)11/3/1998 8:36:00 AM
From: Susan Saline  Read Replies (1) | Respond to of 53068
 
TECD

Ron, thanks for the heads up on this company. I know you will probably trade the heck out of it, but I am not as nimble as you, LOL, so I plan on holding this for a position trade, a month or so. After reading up on it's financials, this is one pretty good company with a good earnings record.

I followed you into this yesterday following your post to the Z portfoilio, at 37 3/16

It closed at 38 1/8
I will put an equity saving stop at my buy price, if it goes below that entry price, will look for re-entry at a lower price .... but as the chart left a nice tail, I doubt it will see low 37's again.

chart:
207.95.154.133

Oct 29, 1998 (6:31 PM ET) - The Motley Fool Evening News

Information technology consultant Renaissance Worldwide (Nasdaq:REGI - news) was knocked back into the Middle Ages
today, falling $4 13/16, or 33.8%, to $9 7/16 after saying it will increase spending in fiscal Q4 for new staff members, causing
some analysts to worry about the firm's near-term earnings outlook. Warburg Dillon Read lowered its rating to "hold" from
"buy"... International PC and computing products distributor Ingram Micro (NYSE:IM - news) slid $4 1/8 to $45 3/4 after
reporting Q3 EPS of $0.40, beating estimates by a penny. However, the company reportedly said in its conference call that
gross margins are coming under pressure due to increased price competition in Europe. Rival Tech Data Corp.
(Nasdaq:TECD - news) lost $4 3/4 to $40 1/16 in sympathy.

Business Summary

TECD distributes microcomputer-related hardware and software products to value-added and corporate resellers, computer
retailers and direct marketers. For the six months ended 7/98, net sales rose 51% to $4.40 billion. Net income rose 47% to
$58.4 million. Revenues reflect the 7/97 acquisition of Macrotron AG, expansion of the product line and sharply higher
international sales. Earnings lagged due to TECD's strategy of cutting prices in order to gain market share.

biz.yahoo.com

Sue