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


To: Susan Hickman who wrote (6030)4/28/1999 8:47:00 AM
From: Rande Is  Respond to of 57584
 
Susan, Sorry. . .I'm not following warrants on TPEG. . have too many left over warrants in other companies. . . they move too quickly for my equipment.

As for whether it is a value at the current price. . .you must ask yourself if you are willing to pay the strike price at the date they become available. . . and that asks the question of the company's ability to increase shareholder value by that time. . . so you either believe that they will or will not be able to do that in the period before warrants are called, then bet accordingly.

That is for long-term. . . as a near-term, it is a very risky swing trade, since it moves so quickly. . .

I have two groups of TPEG. . .that which I bought to hold long, and that which I bought as a swing trade. . . so I have strong hands and weak hands. . . I buy the dips and sell the peaks. . .and I hold long and strong.

Would like to see TPEG common hit 4.75 and consolidate until company has time to raise sufficient capital to make some great investments.

Rande Is