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


To: Rande Is who wrote (7132)5/19/1999 11:22:00 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
OMKT got news, but NOT the phantom buyout rumor. . .Selling off on LCOS news. Can't blame them. . .it has regularly slipped for about 3 weeks. . . .mostly on short selling.

Yesterday was just some short selling by those with the "inside" track on OMKT news. . .thinking it might be the LCOS buyout rumor. . .

Then this AM it DID get some LCOS news. . .but it was NOT a buyout. . .so now we see the selling and the further short positions.

I would say OMKT would make a good buy in August or September at about 5.50.

Rande Is