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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?


To: John Carragher who wrote (5110)3/13/1999 8:37:00 PM
From: DMaA  Read Replies (1) | Respond to of 7342
 
Only this, not much:

Cramer from TheStreet.com

(This process, of selling to finance other acquisitions, is typical of what goes on in our business. So, when General Motors was at 87.5 bid/87.75 asked, I was offering 10,000 shares at 87.75. When that got taken, I offered 10,000 at 88 and so on, until I had sold all 50,000 at progressively higher prices. I used the capital to buy shares of T, which has been on a one-way trip down. Here I bought 10,000 shares every point down beginning at 85. I finished buying 50,000 on Friday at 81 and change. I also bought some Tellabs (TLAB:Nasdaq) with it, but I booted that on Thursday. It continued to go up without me, as we remonstrated about on Friday.)