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JLSegal

03/30/04 6:20 PM

#225144 RE: Zeev Hed #225136

Zeev, any interest in ONNN? Think the drop after the conv notes offering (which will be used to retire debt) & shelf registration announcement is overdone? It first popped up to over $9 on the raised guidance, and is now trading below 8.
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ajtj99

03/30/04 6:25 PM

#225146 RE: Zeev Hed #225136

Zeev, maybe we get 2013 tomorrow, then we can drop back. That's close enough to the 50% re-trace off the highs, and a stop at previous resistance. SPX 1134 and Dow 10,460 are also levels I'm watching.