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Strategies & Market Trends : Z PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?

To: Ron McKinnon who wrote (2568)2/25/1999 3:57:00 PM
From: DanZ  Respond to of 11568
 
DGN.

Bought 1500 at 13 7/8. I'm planning to hold some and trade some if rallies. Will probably bail if it gets below 13.

Thanks,

Dan



To: Ron McKinnon who wrote (2568)2/26/1999 9:43:00 AM
From: DanZ  Respond to of 11568
 
Ztrade - VLSI

Sold 5000 shares at 16 1/4 from 12 5/8 and 10 1/8. I don't trust Stein and it's obvious from the reaction in the stock so far, that many other investors don't either. He might can this deal just like he did with the LSI deal at 28 last summer. What an ass he is. Oops, sorry for using this thread to make a policital statement lol.

Dan



To: Ron McKinnon who wrote (2568)2/26/1999 11:27:00 AM
From: DanZ  Read Replies (1) | Respond to of 11568
 
VLSI.

Bought 4000 shares back at 15 3/16. Stop at about 14 5/8 (will post if stopped out). If it breaks 15, then I have to believe that VLSI is going to reject the offer from Philips. If that happens, I think the stock has a lot of downside. It could easily fall back to 11 or 12. For now, the risk/reward looks good...target 17 if the bid goes through or more if another bidder steps up. Only risking about 1/2 point.

Dan


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