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   Technology StocksSuperior Telecom (NYSE: SUT)


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To: jerry cooper who wrote (20)6/26/1997 8:33:00 AM
From: MikeinSanDiego
   of 41
 
Vinik buys large block(70,000 shares) on 6/23, I seen the trade that day but I didn't realize that it was Vinik adding to his position. Good luck to all, use your stops!
Mike in San Diego

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To: MikeinSanDiego who wrote (23)7/14/1997 11:04:00 PM
From: MikeinSanDiego
   of 41
 
All- I closed out my position in SUT today. Good luck, trade on.
Mike in San Diego

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To: MikeinSanDiego who wrote (24)8/27/1997 2:50:00 PM
From: av ram
   of 41
 
Mike, may I ask, why did you close your position? IMO this has long way (up) to go after these stunning earning performance!

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To: av ram who wrote (25)8/29/1997 12:04:00 AM
From: MikeinSanDiego
   of 41
 
Av, I sold an extended SUT on July 14 @32 dollars and shortly there after SUT retraced part of it's gains and it was 5 weeks before it ever saw 32 dollars again. ( imo ) SUT retraced because it hit the upper trendline,was overbought and the rally was being fueled by the little guys buying (1,000,share blocks or less) and the big guys (10,000share blocks or more) were selling. This trend of the big guys selling and the little guys buying reversed in mid August as the moving averages tightened and I documented lots of large block buys with these being the largest blocks on each particular date 8/13-(20,000 share buy),8/15-(45,000 share buy), 8/16-(15,000 share buy). I was already fully invested in mid august or I might have thrown some money at it again, As we all know SUT broke out big on 8/19 for a quick 25% gain in 8 days. On 8/27 and 8/28 SUT has had several large block sells with one block sell over 85,000 shares. SUT has also penetrated it's upper trendline,(imo) considering these factors I would sell now put my money to work somewhere else and then buy back later at a lower price. Sorry for the wordy answer but I thought it would be better than saying ....I'm not an investor, I'm a trader. Good luck with SUT but a word to the wise Vinik owns a wad of this company and he likes to sell into strength!.
Mike in San Diego

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To: MikeinSanDiego who wrote (26)9/3/1997 12:34:00 AM
From: Stefan Gruenwald
   of 41
 
Dear Michael:

I believe you sold too early. Bought some today after the 400+ mio dollar deal was announced. My target price is the upper fifties. I don't want to wait for your fallback of the stock which might never come. I think that this stock is still undervalued.

Stefan

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To: Stefan Gruenwald who wrote (27)9/3/1997 11:12:00 PM
From: Ron Kline
   of 41
 
Stefan, I agree and I'm holding my shares also. I think there is little downside to this stock when the PE is still so low. I see it in IBD often with very high volume and up. The relative strength and EPS are very high and I think this stock has a way to go. I'm always looking for stocks that are strong, good earnings growth, and a low PE. This is the only stock I own that has all of these qualities. I'm expecting that this one will split down the road.

Ron

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To: Ron Kline who wrote (28)9/6/1997 9:50:00 PM
From: Stefan Gruenwald
   of 41
 
Dear Ron:

I just found two other stocks that may fit your criteria: MSON and EVTC. Both recently announced break-through earnings. They have a high growth rate, low P/E and seem overlooked to me. I have the same investment strategy like you and I always try to double per year. This year I already doubled during the last four months. Two other stocks I currently like are: BOST and LARS. I bought them way lower and I am already nicely in the money. EVTC I haven't bought yet, since I just discovered it. The others I am currently holding and they have a big upside potential, at least in my opinion.

Check them out!

Happy trading.

Stefan

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To: Stefan Gruenwald who wrote (29)9/7/1997 4:21:00 PM
From: Ron Kline
   of 41
 
Thanks for the stock tips. I'll look them up and investigate.
Do you own any SUT or are you just watching the board?
Ron

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To: Ron Kline who wrote (30)9/8/1997 2:05:00 PM
From: Stefan Gruenwald
   of 41
 
I don't own any SUT right now. Just watching ... I am currently in BOST (Boston Marktet) that seems highly undervalued and is moving under increasing volume. Take a look at it. My short term goal on BOST is $20+, long term 30ish.

Stefan

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To: Stefan Gruenwald who wrote (31)9/9/1997 6:47:00 AM
From: Ron Kline
   of 41
 
thanks for the tip. I was surprised that it has gone down so much. I bought and sold it a couple of years ago at much higher prices. I think they overbuilt too quickly (3 opened only within a 10 mile radius from me) and I think that's what has gotten them in trouble.

Just got the annual for SUT. Looked very good. I think they should have another record year coming up. With the low PE and strong EPS I plan to keep this one.

Ron

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