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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Instock who wrote (17715)3/5/1999 8:10:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 122087
 
This trade picks thread is a nice invention. pls note that the stock picks thread is not for posting, to keep it small... Have bookmarked it.

I made always much money on SEVL....remember my very first short sale at 8+... back in April 98 I think. SEVVL always had very "fine" thin spikes...many since.



To: Instock who wrote (17715)3/5/1999 8:14:00 PM
From: Rick McDougall  Read Replies (1) | Respond to of 122087
 
I would be careful Instock.

Intel Corp. (INTC), the world's leading chip maker, said it agreed to
acquire networking company Level One Communications Inc. (LEVL) in a stock
deal valued at $2.2 billion. The deal would value Level One shares at
$48.75 at Intel's current price. Last July the two companies formed a pact
to develop high-speed corporate local area networking technology



To: Instock who wrote (17715)3/5/1999 8:25:00 PM
From: Dave Shares  Read Replies (2) | Respond to of 122087
 
Instock,

LEVL is being bought by INTC. It may go down by 5 points from here, but at a .43 INTC to 1 share LEVL buyout ratio, you need to be wagering that INTC is going to tank by 12 points or more (give or take with arbitrage, etc.)

Read news CAREFULLY before trading it. Sometimes stocks gap up for very good and legitimate reasons.

David