Zeev did a little sleuthing and found where you and da cheif were singing the praises of the same stock VLNC. My question to you is what is different with the company now than then othe that a few more million share dilution? http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=12766094
To:HQ who wrote (18011) From: Zeev Hed Thursday, Feb 3, 2000 12:14 PM View Replies (1) / Respond to of 25684
Well, Jeff, I just bailed out again at $32, nothing wrong with VLNC, but I think we have few more weeks of shaky markets. I wish the fed's would get the rates to their "target" in something more immediate than this Chinese torture. The dribbling of rates increases and speculations about these increases is adding a lot of uncertainty in the market, IMHO. I plan a reentry again in the $27/$28 area, if it drifts down there, otherwise, a breakout of $35 will be reentry signal.
Got back in on the open, prices ranging between $34.5 and $35, but with "trepidations", I do not like the divergence between the DOW and NAZ in the last few days, and the inverted yield curves may mean an "accident" for some big bond traders that used to make money by selling the 30 years bond short and buying the shorter maturities. On the other hand, one should expect a good SH meeting with some news, and the stock is stronger than I expected. We'll see how that one develop this week, should be interesting and volatile and an environment for "scalping" with selling "on the news" toward or around the AGM.
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