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Paul A

07/15/04 5:50 PM

#270127 RE: Zeev Hed #270125

Seems to me that BSTE is in the right sector at the right time.. At least the last few days that has been the case:

NBIX, GENZ, etc etc..

Im game at 47.. but since I rarely hold overnight Im taking a tiny position so I can withstand a 2-3 point drop if thats in the cards.. and no worries about the emotions, especial god forbid before a weekend?? : )


edit- from the looks of it, the shorts are making a big stand at 47 (or I can only guess its a short).. but- today they did that on my SAFM trade at 50, and that sure backfired on em!


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James T Kirk

07/15/04 5:51 PM

#270128 RE: Zeev Hed #270125

BSTE had the most open interest on the July 45's. Someone got lucky.
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jra2

07/15/04 7:19 PM

#270141 RE: Zeev Hed #270125

The 6 buck cushion does help you take more chances . I am so pissed that I let that one slip by me the last 2 days of being back . They did the same thing last qtr. coming out before earnings date and guided higher .I hope it works out for you but I am always leary of this one b/c it seems to trade differently than the others . Staying put with my Jcom purchase (do you still like ?) and plan to unload my bu$$ position to free up some cash . As a side note , was that not bullsh... of JP Morgan coming out today with a buy on OVTI . Where was these guys the last several weeks ( I know grabbing all the shares that they could).I wish Spitzer would clean these guys out b/c they are all so crooked .