SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: JC Money - President of a Loca who wrote (3966)1/14/1999 9:08:00 AM
From: Jose Matos  Respond to of 122087
 
Keep an eye on Sunglass hut (RAYS). Something very fishy here.
Morgan Stanley upgrades RAYS from Neutral to Strong Buy. According to David Faber of CNBC, partially due to some nonesense purchase of Shades.com and swissarmyknife.com. This is silly.

Closed yesterday at 7 3/8, bid this morning at $12. with heavy volume.
Rays loses about $50Mil per year, 47mil shares oustanding.
Looks like a winner.

I'm gonna watch it and if it gets out of hand (say $15), I'll short it a bit.

Regards.
Jose.