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Monday, 26 January 2004
"Trading Transparency" KNSY, SYD
Hello Friends! With the market up strong again today, and my margin acct still pretty in the red (at about 40% equity), I took advantage of the rally to make initial sales in Kensey Nash (KNSY), and Sybron Dental (SYD). I sold 25% of my position of KNSY (100 shares) at $27.613, for a little over a 20% gain. I sold 50 shares of SYD at $31.47, also at a bit over a 20% gain.

KNSY was acquired on 12/3/03, with 400 shares purchased at a cost basis of $22.52 in my trading account.

SYD was acquired on 11/18/03, with 200 shares purchased with a cost basis of $25.84/share.

Thanks again for stopping by! I am still at my 25 position portfolio and will use proceeds to continue to pay down my margin balance!

Bob


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