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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: kathyh who wrote (44526)5/23/1999 11:36:00 PM
From: BarbaraT  Read Replies (1) | Respond to of 90042
 
Kathy ... I missed JACO as well. Set a price at 3/4 (which was the ask at the time) but it flew by me and I decided not to chase it. I get burned more often than not this way. Perhaps it will come back down, if not ... Tim's train has a lot of cars. Will try to catch the next one!



To: kathyh who wrote (44526)5/23/1999 11:46:00 PM
From: Jeff O'Brien  Read Replies (1) | Respond to of 90042
 
Kathy,

Concerning JACO - I wouldn't feel bad about not getting in. I wouldn't be at all surprised to see you get a chance to get it cheaper than you wanted it on Friday. Stocks with low floats can move very fast in either direction, especially if the mm's want to play with them. I would be especially careful of a stock at this price with a low float. This is a riskier takeover play than some of the others (IMO). Be Careful.

Jeff

p.s. this is not a knock against Tim's pick; just a word of caution (which Tim also issued).