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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (2777)2/4/1999 12:02:00 PM
From: Mark[ox5]  Read Replies (2) | Respond to of 57584
 
Rande, enjoy the thread, just started reading it a few days ago.. I have two (2-3 week) position plays for you to consider... I will just post the post I put on my thread since Im on lunch and don't have time to retype it all.

Tell me what you think of these 2 (ZD & PWCC)



TBFC on fire........! (thanks Steve for the suggestion last week)
I did have to sell to raise money to buy ZD CALLs, but a great 1 week return (bought
in low $40s)

Started a ZD CALL position (thanks stephen for the suggestion)

Bought ZD March 20 Calls at 2 5/8, 2 5/8, 2 15/16, 3 1/8
Playing this for the week of 2/22 IPO
Looking for $25-$30 on the common which should translate in quite an appreciation on
the calls... 2-3 week hold

PWCC also on fire... 600k shares in float, IPO same week as ZD.. 11% ownership of
FlashNet IPO. Looking for $30s on this one the week before on internet hype... may be
conservative with such a tiny float.
(I hope someone else but me got on these... in at 14 1/16 as of Monday)

Good luck,
Mark